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| # | Country | Retail Price (/L) | 30D % | Raw Cost (/L) | Gov't Premium |
|---|
West Texas Intermediate (WTI) is the primary oil benchmark for North America. Like Brent, movements in WTI directly feed through to retail gasoline and diesel prices, though the speed and extent varies greatly by country depending on taxes and government subsidies.
Raw cost = commodity price converted to retail unit + estimated refining & distribution margin.