- Retail regular gasoline prices rose by 48.4c in the last 4 weeks. About 59% of the change was due to increases in crude oil prices, while the remainder was refinery margin
- Scroll down for a chart of the RBOB-WTI crack spread, a measure of refinery margin. It shows extremely elevated cracks this year
- Gasoline stockpiles declined by 711 MBbls to 219 MMBbls for the week ending May 27, and are now about 9% below the five-year average
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- Retail diesel prices rose by 24.2c in the last 4 weeks. About 49% of the change was due to increases in crude oil prices, while the remainder was refinery margin
- Scroll down for a chart of the NY Harbor ULSD-WTI crack spread, a measure of refinery margin. It shows extremely elevated cracks this year
- Distillate stocks, which include heating oil and diesel fuel, fell by 529 MBbls to 106.4 MMBbls for the week ending May 27, and are now about 24% below the five-year average
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