Gulf Coast gasoline weakened as Valero Energy Corp. started units at its Meraux refinery southeast of New Orleans.
The crude unit at the 135,000-barrel-a-day plant, shut after a fire July 22, is expected to be back by the end of the month, Bill Day, a Valero spokesman based in San Antonio, said in an e-mail.
The discount for conventional, 87-octane gasoline in the Gulf Coast widened 3.75 cents to 7.25 cents a gallon versus futures traded on the New York Mercantile Exchange at 12:01 p.m., data compiled by Bloomberg showed. Prompt delivery fell 4.06 cents to $2.8476 a gallon.
The same fuel in New York Harbor strengthened 2.5 cents to a premium of 3.88 cents a gallon, the highest level since Dec. 8.
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