Note: CBOB is conventional blendstock for oxygenate blending. CARBOB is California reformulated gasoline blendstock for oxygenate blending. The U.S. Energy Information Administration recently released the What Drives Petroleum Product Prices website that identifies and tracks several fundamental and financial market factors that influence spot and futures prices of gasoline and distillate, the two most consumed petroleum products in the United States. This website offers charts that highlight changes in consumption, production, inventories, and trade, mostly related to the U.S. domestic market along with some charts that include global indicators. The website, a complement to the existing What Drives Crude Oil Prices website, will be updated monthly in conjunction with the Short-Term Energy Outlook . The new website shows how global petroleum product prices move in relation to each other. In the long term, global petroleum product prices tend to move […]