BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber (https://pmc.platts.com), Please navigate to Platts Market Center to reset your password.

In this list
Oil

Los Angeles gasoline trade sees little impact from fires: sources

Energy | Natural Gas | LNG | Oil | Refined Products

Interview: Satvinder Singh, Enterprise Singapore

Oil

Platts Rigs and Drilling Analytical Report (RADAR)

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Mediterranean Bunker Fuel Conference, 7th Annual

Oil

US Gulf of Mexico lease sale suggests oil companies are thinking more long term

Los Angeles gasoline trade sees little impact from fires: sources

Houston — Differentials for Los Angeles CARBOB, a grade of gasoline, saw little effect from the wildfires burning in Ventura and Los Angeles counties Thursday morning, sources said.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The US National Weather Service had a Red Flag warning in place for these counties Thursday morning, which denotes extreme fire danger due to strong winds and low humidity.

That warning has been extended through Saturday as authorities continue their efforts to contain various conflagrations in the region.

Trade sources said that, so far, these fires are having a negligible impact on local gasoline cash markets.

One source said he had "not seen much of an impact" from the fires Thursday. A second source agreed, saying "gasoline won't be impacted much, unless a refinery becomes impacted."

S&P Global Platts assessed Los Angeles CARBOB for December delivery at January NYMEX RBOB futures minus 7 cents/gal Wednesday, and this value seems to have held steady though Thursday.

A source said LA CARBOB was bid at futures minus 10 cents/gal and offered at futures minus 5 cents/gal early in the day.

--Seth Clare, seth.clare@spglobal.com
--Edited by Annie Siebert, ann.siebert@spglobal.com