In late January, Gulf Coast gasoline crack spreads reached their lowest levels since 2014

In late January, Gulf Coast gasoline crack spreads reached their lowest levels since 2014
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05.03.2019

U.S. Gulf Coast gasoline crack spreads had been declining since mid-2018 and briefly went negative in January and early February 2019 before rising, while distillate crack spreads remained relatively stable. The gasoline crack spread is the difference between the spot prices of gasoline and crude oil. EIA attributes relatively low gasoline crack spreads to more costly crude oil inputs and high gasoline inventories.

Full article at eia.gov

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