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Seasonal Gasoline Stockpiling Continued for a Fourth Straight Week

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Gasoline stocks in the US saw inventories increase by 410kbbls in the week to Dec 8th, larger than expectations of 3.4mbbl build, with stocks now sitting at 224mbbls.

RBBRs rallied on the release of the stats trading in the $11/bbl handles into the window.

Arbs stronger into US window before trending lower on Thursday morning.

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Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.