What's in store for US refined products and distillates this summer?
Oil Markets
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The Low Octane Value of the Raffinate Market
We're seeing higher imports across the board, and that's affecting prices. So when I'm talking about prices going lower right now, it's only in relationship to where they were last year and when they hit all time highs. We have a relatively abundant market of high octanes. And part of this is because the production on the Gulf Coast has been rising but also we have been seeing more imports arriving.
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