Summary
Crude oil in the US, as measured by CL=F (WTI) futures contract price, closed the week near $80 per barrel, with intraday trading on Friday marking a high of $80.85.
As seen by wholesale fuel prices collected by DACO for March 2nd, wholesale diesel prices stood at $3.45 per gallon on average. We see a reported low of $3.31 per gallon (American Petroleum, Phillips / 76) and a high of $3.59 per gallon (Peerless Oil).
Wholesale gasoline prices on average marked around $3.20 per gallon, with a low of $3.13 per gallon (Phillips / 76) and a high of $3.32 per gallon (Texaco).
As we noted yesterday, we a saw large uptick for RBOB gasoline futures price, +$0.30 spike (approx. +13%), understood to be the impact of summer gasoline specifications in United States. We expect to see higher wholesale gasoline prices in Puerto Rico over the coming days.
Wholesale Diesel (Puerto Rico)
Wholesale Gasoline (Puerto Rico)
Crude Oil Benchmarks
