SUNOCO HAVING CRUDE LINE PROBLEM AT MARCUS HOOK REFINERY

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Message From: opisalerts@opisnet.com Date: Wed, opisalerts-l@lists.opisnet.com (OPIS Y2K Alerts) 2000-01-19 12:39:08 EST ***SUNOCO HAVING CRUDE LINE PROBLEM AT MARCUS HOOK REFINERY New York spot trading sources tell OPIS that Sunoco is having a problem with a crude line that connects its docking facilities to the 175,000 b/d Marcus Hook refinery in Philadelphia. Sources say that Sunoco has reportedly been a "big buyer" in the Harbor spot market today and has put some of its suppliers on allocation. The loss of crude flow to the refinery has made it very difficult for Sunoco to create feedstock for its 85,000 b/d catcracker, which is impacted its ability to make gasoline and distillate components. Spot sources say the loss of product has shoot up spot premiums to the NYMEX. At presstime, high sulfur was 6cts over the Feb. futures print, while low sulfur diesel was 7cts over. Kerosene is a whooping 21cts over. Calls to Sunoco for comment were not returned at presstime. - Mark Mahoney - mmahoney@opisnet.com ---

-- Barb B (LeeeeeeB@webtv.net), January 19, 2000

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