Major U.S. East Coast refineries were still working to restore operations on Monday, several days after severe cold weather triggered unit outages and drove up home heating oil futures on fears of tight supplies. The refineries, which account for more than two-thirds of production in the region, got a brief reprieve from the burst of cold weather on Sunday, but another front with sub-zero temperatures is expected to sweep through late on Monday. New York futures for ultra-low sulfur diesel (ULSD) – used for heating in much of the Northeast – extended Friday’s sharp gains in early trading, rising by another 4 percent on expectations of increased demand and supply worries. Monroe Energy, a subsidiary of Delta Airlines Inc, restarted the fluid catalytic catcracker at its 185,000-barrel-per-day refinery in Trainer, Pennsylvania, on Sunday, a spokesman said. But a source said on Monday that the main […]