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Gasoline drops in Brazil, hits record highs elsewhere in Latin America

June 11, 2022 Comments Off

Brazil’s gasoline differential to NYMEX RBOB futures dropped 31 cents/gal June 9 even as the NYMEX futures and cargo assessments elsewhere in Latin America reached record highs. The Platts assessment for Mexico delivered CIF gasoline rose $2.90 to $172.42/b, while Ecuador’s RON 93 CIF increased $3.15 to $180.58/b, both records. Like most of Latin America, they closely tracked the record…