Commodities

Gasoline Markets See Late Summer Strength as Outages Limit Supplies

A driver refuels their vehicle at a gas station in Detroit.

Photographer: Emily Elconin/Bloomberg

Global gasoline markets are showing unusual late-summer strength as refinery outages limit supply, even at a time of year when demand for the road fuel usually wanes.

Refiners tend to make the most money in gasoline in the summer, especially in the US, as drivers take to the road for vacations. This year, margins are still strong even after the peak travel season, providing a boon for fuel makers.