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- 02 Nov
Retail fuel margins improve by $0.011 this week
Retail fuel margins continued on an upswing this week, reaching $0.368 per gallon which is up $0.011 from a week ago. That is according to the weekly OPIS report released each Friday.
The winning streak stands at three consecutive weeks. Just two months ago, retail fuel margins were at $0.143 per gallon, making this $0.22 per gallon increase since then a welcome relief. Two months remain in the year, and from a fuel price management perspective, fuel retailers are looking to hang on to margins in order to make up for the suffering of previous quarters.
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