Fuel stocks and strategic reserves and MTBE
Their prices have moved together.
Fuel stocks and strategic reserves (energy) and MTBE (chemical): 1 relationship.
How they are linked
1. Price link: fuel blending
Cost and price · Moderate · Both ways
MTBE is an octane booster blended into petrol, so it sits in product stocks in Asia and elsewhere. The basic organics proxy correlates with crude at 0.24 for monthly moves and 0.57 for yearly moves.
- 0.24 monthly change correlation
- 0.57 12-month change correlation
- 0.53 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.