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High gasoline inventories help drive U.S. refining margins to five-year lows

Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to low or negative motor gasoline refining margins for refiners along the East and Gulf Coasts. Gasoline refining margins—the difference between the spot price of gasoline and the Brent crude oil …read more

Source:: TODAY IN ENERGY