Gasoline RBOB Futures Edge higher on Refinery Maintenance Risks

Refinery Turnarounds

Major US refiners have begun their February maintenance cycles. This reduction in throughput is expected to help clear the current winter-grade inventory overhang, supporting wholesale prices even as retail pump prices remain near $2.90.

Consumer Price Deflation

The EIA projects a broadly deflationary environment for motor fuels in 2026. Stable energy costs are expected to act as a significant tailwind for consumer spending and the transportation sector throughout the first half of the year.