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U.S. Cash Products-Gulf gasoline up on refinery outages, scheduling

* Gulf gasoline up on refinery unit outages, pipeline scheduling

* Chicago gasoline higher on cycle change

* NY harbor gasoline grades weaken, high sulfur heating oil stronger

HOUSTON, April 6 (Reuters) - U.S. Gulf Coast cash gasoline differentials to

benchmark futures rose on Monday on a combination of refinery unit outages and

scheduling of the latest five-day lifting cycles for A- and M-grades to move on

the Colonial pipeline, traders said.

A gasoline-producing fluid catalytic cracking unit (FCCU) at Marathon

Petroleum Corp's 451,000 barrels-per-day (bpd) Galveston Bay refinery in

Texas City, Texas, shut down on Saturday night because of a power outage. A

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second FCCU also has been shut since mid-January because of a malfunction.

Phillips 66 (NYSE: PSX - news) on Monday was restarting its 247,000-bpd Alliance

refinery in Belle Chasse, Louisiana, after a power outage caused a shutdown on

Saturday.

A2 CBOB, or conventional regular gasoline blendstock formulated for blending

with 10 percent ethanol, traded at a 19.25-cent discount to May RBOB

futures, up 1.75 cents per gallon, while conventional M2 gasoline traded at a

15.50-cent discount to futures, up 2.00 cents per gallon, traders said.

The Gulf ultra-low sulfur diesel (ULSD) differential slipped 1.25 cents per

gallon to an 8.00-cent discount to May ULSD futures on weaker demand,

traders said.

In the Midwest, Chicago gasoline and ULSD differentials were higher as

prompt trade began on a new cycle on Monday, traders said.

An FCCU at BP Plc's 413,500 bpd refinery in Whiting, Indiana, also

remained shut for repairs on Monday, while a crude distillation unit that shut

on Friday had resumed normal operations.

Chicago gasoline was seen in a bid-offer spread of 17.00-15.00 cents under

May RBOB futures, up about 2.50 cents per gallon from the previous cycle's

finish last week. Chicago ULSD was 4.50 cents per gallon higher at a 7.50-cent

discount to May ULSD futures, traders said.

New York Harbor gasoline grades were pegged weaker as the benchmark futures

rallied with crude futures. M2 for cycle 16 on the Colonial pipeline was pegged

0.50 cent weaker at 8.25 cents under May RBOB.

Prompt F4 RBOB weakened 1.50 cents to 18.50 cents under May RBOB, while F2

grade offers were about 0.25 cent weaker at 0.50 cent over benchmark futures.

High sulfur heating oil was pegged 1.50 cents stronger at 13 cents under May

ULSD, while ULSD was up 0.25 cent at 0.75 cent over the benchmark for cycle-16

barrels off the Colonial pipeline. Barge ULSD barrels had buyers bidding even to

the benchmark futures.

Prices for Renewable Identification Number (RIN) credits were little

changed, traders and brokers said.

Ethanol credits for 2015 compliance traded at 68 and 68.25 cents each.

Buyers' bids were at 68 cents on Thursday. Credits for 2014 were at a bid-offer

spread of 70/71.50 cents.

Biodiesel 2015 credits had bids at 80 cents, while sellers asked 83 cents.

They traded on Thursday at 81 cents. Credits for 2014 had bids from buyers at 77

cents, after they traded on Thursday at 76.5 cents.

For more refinery news, please go to

Latest day

Timing NYMEX Bid Offer Change

Contract

U.S. GULF COAST * Scheduling

A2 CBOB gasoline * Cycle 20 RBOB -19.75 -19.25 1.75

M2 conventional gasoline * Cycle 20 RBOB -15.75 -15.25 2.00

62-grade ULSD Cycle 19 HO -8.25 -7.75 -1.25

54-grade jet fuel * Cycle 19 HO -15.00 -14.00 0.00

Heating oil Cycle 19 HO -22.25 -21.75 -1.00

NEW YORK HARBOR

M2 conventional gasoline Prompt RBOB -8.50 -8.25 -0.50

Any-Month RBOB -8.50 -8.25 -0.50

F4 RBOB Prompt RBOB -18.75 -18.25 -1.50

Any-Month RBOB -19.00 -18.50 -1.50

ULSD Prompt HO 0.50 1.00 0.25

Any-Month HO 0.00 0.50 0.00

Heating oil Prompt HO -13.25 -12.75 1.50

Any-Month HO -13.25 -12.75 1.50

Jet fuel Prompt HO -6.25 -5.75 0.00

Any-Month HO -6.25 -5.75 0.00

MIDWEST

Chicago CBOB gasoline Cycle 2 RBOB -17.00 -15.00 2.50

Chicago ULSD Cycle 2 HO -8.00 -7.00 4.50

Group Three gasoline RBOB -17.50 -17.00 0.25

Group Three ULSD HO -9.50 -9.00 -0.50

(Reporting by Kristen Hays in Houston and Robert Gibbons in New York; Editing

by)