U.S. refiners switch to summer gasoline, eyeing better margins

NEW YORK (Reuters) - U.S. refiners have switched to making summer-grade gasoline earlier than usual as profit margins to make the fuel have improved compared with those for the spring months, market sources said.

Summer-grade gasoline is more expensive to make than gasoline for the spring, but stronger margins for contracts expiring in June and July promoted refiners to switch to the summer grade a few weeks earlier than usual.

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