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December RBOB gasoline futures were near $2.649 a gallon, close to their lowest since early March. Diesel holds a far richer premium over crude than gasoline, and refiners such as Phillips 66 and HF Sinclair posted strong distillate-driven margins in the third quarter.
A wide diesel-to-gasoline spread encourages refiners to maximize distillate output, which keeps diesel supply tight relative to gasoline and sustains the energy cost pressure on freight and farming.
kalkine.com.auAditi SarkarNov 12, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
