Explosion at Sunoco refinery pushes gasoline to 7-month high

Reuters was ahead when an explosion rocked the Sunoco oil refinery in Marcus Hook, Pennsylvania - an incident that triggered a rally in U.S. gasoline futures to a 7-month high and boosted crude futures. Dow Jones was spotted more than six hours later, after NYMEX gasoline futures had made significant headway in their nearly 8 percent two-day rally. Oil markets pay close attention to refinery operations in the spring as suppliers struggle to boost inventories to meet summer fuel demand.