SF ULSD Premium to RBOB Weakens

MIAMI, FL (DTN) — San Francsico ULSD differentials weakened Thursday (3/19) to a 5ct basis over May NYMEX ULSD futures, after a trade confirmed at that level.

The SF ULSD premium to May ULSD futures contract narrowed by 14cts from where it was last pinned, at a 19ct premium, to May ULSD futures on Wednesday (3/18).

The sharp decrease comes as the market rolls into the May front-month contract.