Mita Chaturvedi
Research Associate, Flux
The Bearish Beast From the East
M1 RBOB and EBOB cracks strengthened despite US gasoline builds, supported by steady PADD-1 stocks and short-covering.
The M1 RBOB swap crack strengthened in the week ending 12 Jan, with prices rising from $11.80/bbl on 05 Jan to $13.40/bbl at the time of writing on 12 Jan.
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