The European Gasoline (EBOB) crack to Brent front-month swap closed last week at $14.99/Barrel, up $2.07/Barrel since the start of the month and more than 50% higher since the start of the year.
Similarly, the US Gasoline benchmark (RBOB) has seen crack spreads versus Brent rise by almost 40% since January.

Global gasoline refinery margins remain robust, supported by ongoing refinery maintenance and low inventory levels, particularly in the US, where the latest official data show a drawdown of 4.7 million barrels, the sharpest weekly decline year-to-date.

In Europe, refinery outages have also put the market under strain. Notably, the Dangote refinery in Nigeria – owned by Aliko Dangote with a capacity of 650,000 Barrel/day – has experienced unexpected maintenance this year, along with multiple sabotage attempts.

“The TraditionData EBOB Gasoline Crack chart below illustrates how the market has strengthened since the beginning of October reaching levels seen in summer, despite the seasonal decline in gasoline demand following the driving season.” Francesca Marrone, E&C Product Manager.

In such a volatile and rapidly evolving market, timely and independent data has never been more critical. TraditionData’s real-time and end-of-day Gasoline & Refined Products data packages provide market participants with actionable insights, helping them navigate shifting trade flows, manage risk exposure, and make confident, informed trading decisions.

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