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- 07 Jun
Retail fuel margins hold steady
OPIS reported today that retail fuel margins held steady this week dipping only $0.002 per gallon across the USA. Average retail fuel margins now stand at $0.216 per gallon. The year to date average is up slightly to $0.171 per gallon, and the Q2 average is up slightly to $0.186 per gallon. The six week average is also up slightly to $0.165 per gallon.
This is good news for fuel retailers who are in great need to recoup the low margins of early and mid May.
From a fuel software perspective, these conditions continue to drive toward the need to keep a watchful eye, to make sure competitors are held in check, and to balance the fine line between fuel volume gains and maintaining fuel margins as long as possible.
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