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Gasoline Report: Gaso-lean Markets

1 min read

Summary


The July ’24 EBOB crack hit a low of $14.10/bbl on June 12, establishing a floor through June 17 amid low liquidity. Heavy refiner selling peaked on June 24 with over 280kb of July’24 sold. On June 18, RBBR found support at $18.50/bbl, prompting some spread buying despite a quiet market.

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Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.