Gasoline Futures Hold Steady Amid Rising Refining Utilization

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Refinery Margins

Refiners are maintaining high run rates to capture profitable crack spreads. This surplus production is ensuring that gasoline inventories remain healthy despite the recent crude oil volatility.

Retail Outlook

Pump prices are expected to remain steady in the near term, with the national average hovering below $3.00 per gallon. This stability is a net positive for consumer sentiment.