Gasoline Futures Hold Steady Amid Rising US Refining Utilization

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Refinery Margins

U.S. refiners are maintaining high run rates to capitalize on gasoline crack spreads. This surplus is ensuring that retail gasoline remains affordable as the spring driving season approaches.

Consumer Relief

Stable energy costs are acting as a deflationary force. Analysts expect retail gasoline to remain range-bound until the spring driving season begins to tighten the market in late Q1.