Summary
A barrel of crude oil in the US (WTI) briefly traded at $83 yesterday, but has since subsided lower trading closer to the $82 per barrel range today. We note that Brent and OPEC Reference Basket Price have traded near the $90 per barrel mark, which is the current price target for OPEC+ nations, whereas we currently see the oil price benchmarks standing at around $86 per barrel.
As seen by wholesale fuel prices collected by DACO on March 20th, wholesale diesel prices mark around $3.40 per gallon on average. We see a reported low of $3.34 per gallon (76 / Phillips) and a high of $3.57 per gallon (Total).
Wholesale gasoline prices on average marked around $3.37 per gallon, with a low of $3.31 per gallon (BVI Gas Inc.) and a high of $3.48 per gallon (Peerless Oil).
| Product | Average ($/gallon) | Low ($/gallon) | High ($/gallon) |
|---|---|---|---|
| Wholesale Diesel | 3.40 | 3.34 | 3.57 |
| Wholesale Gasoline (Regular) | 3.37 | 3.31 | 3.48 |
Wholesale Diesel (Puerto Rico)
Wholesale Gasoline (Puerto Rico)
Crude Oil Benchmarks
