GASOLINE
Motor gasoline is the most widely consumed refined petroleum product on the market.
Gasoline accounts for 44% of the average crude oil barrel's yield. As a significant component of crude oil, gasoline prices track crude oil prices. Even so, both markets have very different characteristics.
While crude oil is priced in a global market, gasoline markets are differentiated and more defined by regional and taxation policies. As a non-standard product, local regulators look for specific formulations while refineries adapt theirs to be in line with seasonal variations.
VONOIL prides itself on its long-term commercial relationships in this transaction-led market. Our gasoline customers include oil majors, national oil companies, independent wholesalers, and retailers. We work closely with refineries in Latin America, the Caribbean, Europe, Central Asia and other international territories.