YOUR FRIENDS' ACTIVITY

    US WCoast Products - Gasoline gains as problems persist

    RELATED QUOTES

    SymbolPriceChange
    BP.L469.954.15
    PSX65.461.62

    HOUSTON, April 12 (Reuters) - April-delivery CARBOB gasoline finished with a gain of 1.25 cents a gallon at 11.25 cents a gallon over May NYMEX RBOB gasoline on Friday in the Los Angeles spot market, as refinery problems persisted in northern and southern California, traders said.

    BP Plc (LSE: BP.L - news) .'s 240,000 barrel per day (bpd) Los Angeles-area refinery in Carson, California, has notified California pollution regulators that it will extend planned maintenance for another 10 days.

    A source familiar with refinery operations said the work was part of routine spring maintenance and not a continuation of repairs to a hydrotreater that are set to finish early next week.

    Phillips 66 (NYSE: PSX - news) 's 120,200 bpd Rodeo refinery in northern California was recovering from a Wednesday upset, according to notices filed with state pollution regulators.

    April CARBOB in the San Francisco Bay market climbed 7 cents to trade at 21 cents a gallon over May NYMEX RBOB.

    In the Portland, Oregon, market, gasoline was steady with Thursday's finish at 6 cents a gallon over May RBOB.

    April CARB diesel was also unchanged at 3.5 cents a gallon over May NYMEX heating oil in L.A. Bay market CARB diesel jumped 7 cents a gallon to 22 cents a gallon over May NYMEX heating oil.

    Diesel in the Portland market retreated 1 cent a gallon to 10 cents a gallon over May heating oil.

    L.A. April jet fuel slid 2.75 cents to 2.25 cents a gallon over May NYMEX heating oil.

    CARB and CARBOB get their names from the California Air Resouces Board, which determines their formulas to reduce pollution-forming emissions in California cities. (Reporting by Erwin Seba; Editing by David Gregorio)