US retail fuel margins lose $0.03 this week

  • US retail fuel margins lose $0.03 this week

    According to the latest report from OPIS, average retail fuel margins across the US lost $0.034 per gallon this week. Despite the up and down margin gains and losses over the past four weeks, overall US retail fuel margins for 2013 continue to be on the rise.

    The year to date average for US retail fuel margins in 2013 are now at $0.172 per gallon, up from $0.168 per gallon for the year, according to last week’s report. The average US retail fuel margin in 2013 is now the highest of the year.

    The margin for the week has been over $0.16 per gallon each week since March 1. From a fuel price management perspective, that means retail fuel margins are now at a level where profits can recoup the losses that started the first two months of 2013.

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