Expect Gasoline Prices to Increase Into Spring, Maybe Summer

Brian Milne, Convenience Store Decisions, February 1, 2018

Speculators have amassed the largest net-long position in gasoline futures in a year, with a long position taken on the belief that prices would move higher. This can overheat the market and spark a sharp selloff, many times triggered by less-than-expected demand rates due to high prices at the pump.

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