Uday Turaga of ADI Analytics was recently quoted in Downstream Business where he shared thoughts from research the firm has recently completed on the outlook for octane values in North American fuel and refining markets.
The value of an octane barrel has risen significantly in recent years going from $2.10 in 2010 to $3.99 in 2015. This has surprised industry analysts since the refining industry has been blending a growing amount of ethanol, which has an octane rating of ~113, and the general consensus was that the industry had a surplus of octane. However, there are multiple factors behind why the value of octane has increased over the past several years.
You may read more in our recent blog or download a copy of the Downstream Business article by filling out the form below.