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19 Apr 2016 | 04:25 UTC — Houston
Platts has corrected the April 18 US Gulf Coast gasoline rationales, not the assessments.
The rationales, published in US Marketscan, should read as follows:
Platts on Monday assessed pipeline-delivered 9 RVP conventional gasoline (M2) based on a bid in the Platts Market on Close assessment process at the NYMEX May RBOB futures contract minus 18.25 cents/gal.
Platts on Monday assessed pipeline-delivered 9 RVP CBOB (A2) based on a 2.50 cents/gal spread with 9 RVP conventional gasoline (M2).
Platts on Monday assessed pipeline-delivered 7.8 RVP CBOB (A1) based on a 6.75 cents/gal premium to pipeline-delivered 9 RVP CBOB (A2) to adjust for the price difference in RVP.