Crude Oil Refinery-to-Retail Fuel Price Spreads Narrow 16–19% as of June 12

GAS4.25%
According to Jin10 Futures, as of June 12, crude oil refinery-to-retail fuel price spreads in China contracted sharply from early-month highs. Gasoline spreads at major refineries and Shandong independent refiners narrowed 19.09% and 16.85% respectively, while diesel spreads fell 19.93% and 18.77%. The narrowing reflects divergent market trends, with retail prices declining significantly while wholesale prices stabilized and showed signs of recovery.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments