Gasoline outperformed others in the energy complex last week, as Colonial pipeline spill has caused gas supply disruption. The front-month contract for RBOB gasoline jumped more than +7% on weekly basis to a 3-week high last Friday. Others in the complex were pressured amidst concerns over surplus as OPEC exports continued to increase.
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Weekly Fundamentals – Gasoline Prices Hiked on Extended Pipeline Disruption
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