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US Blenders Stock Up On Octane Boosters

OIL PRODUCTS

US gasoline blenders are stocking up on octane boosting components ahead of the summer driving season after facing shortfalls last year.

  • The shortages led to a record spread for premium-grade gasoline versus standard varieties.
  • US imports of alkylate and reformate have reached 147,000 barrels a day so far this month, the second highest in records going back to 2017, according to Kpler.
  • In warning signs for the US economy, gasoline demand in the run up to the summer driving season has been sluggish despite far lower pump prices versus year ago levels.



source: Bloomberg

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