- 20 Sep
Retail fuel margins: highest weekly jump since January
According to the latest OPIS report, the average retail fuel margin across the US had the highest weekly jump since January. The average retail fuel margin jumped $0.061 per gallon this week, and now stands at $0.267 per gallon. That is the highest margin average since August 1 this year.
The year to date average increased slightly to $0.188 per gallon, and the Q3 average increased to $0.239 per gallon. The six week average is now $0.223.
The current retail fuel margin is now $0.027 per gallon higher than last year at this time.
With one week remaining in the quarter this year, it’s certain we’ll have the highest quarterly retail fuel average in Q3, compared to Q2 and Q1.