NEW DELHI: Asia's gasoline crack surged to its strongest since August 2018 on Tuesday after crude oil prices touched a three-year high amid a recovery in demand triggered by easing mobility curbs.
The crack rose to $10.80 a barrel from $9.67 in the previous session. There were two deals for the fuel at the window. Gunvor bought a cargo of the benchmark 92-octane grade, while Seitco purchased a cargo of 95-octane grade.
Comments are closed.