Gasoline Market Update : Epic Research Singapore

With refinery run cuts in the U.S. and the beginning of refinery maintenance periods in Europe, gasoline prices could strengthen. Still, in the longer term that may not be good news for oil, given stocks could build as refineries stay out of action.

Gasoline for March RBH6, +1.89%  inched 0.1% higher to $1.04 a gallon on Monday, while ICE gasoil for the same month changed hands at $313.50 a metric ton, up $1.75 from Friday’s settlement.

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