Otmane El Rhazi : Low crude oil prices, increased gasoline demand lead to high refiner margins

Otmane El Rhazi from Today in Energy.

Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. Crack spreads, which reflect the difference between wholesale product prices and crude oil prices, are a good indicator of refiner profitability.