Retail fuel margins have largest weekly increase in a month

  • Retail fuel margins have largest weekly increase in a month

    According to the latest OPIS report, retail fuels margins across the US had their largest weekly increase in over a month. The average retail margin today stands at $0.268 per gallon, an increase of $0.093 per gallon over last week. The last time margins were at this level was November 9, 2012.

    Fuel margins averaged $0.159 per gallon for the entire Q1 of 2013. It is still early in Q2, but fuel margins are off to a good start with an average so far of $0.222 per gallon. For the past six weeks, retail fuel margins have averaged $0.223 per gallon.

    This is only the second time this year when the retail fuel margin weekly increase was over $0.09 per gallon.

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