While current U.S. Gulf Coast diesel crack spreads remain high, gasoline crack spreads virtually disappear (11/15/2018)

While current U.S. Gulf Coast diesel crack spreads remain high, gasoline crack spreads virtually disappear (11/15/2018)
Gasoline crack spreads (the price difference between crude oil and gasoline) at key refining locations across the globe have fallen recently, while diesel crack spreads have remained relatively high. In the United States, gasoline crack spreads are declining not only because demand for gasoline has fallen more rapidly than what is seasonally normal, but inventories have also remained high. The crack spreads in the Amsterdam-Rotterdam-Antwerp (ARA) region of Europe and in Singapore, two global refining and distribution hubs, suggest markets in these regions are experiencing similar trends (Figure 1). ...

Read more at eia.gov