The spread between West Texas Intermediate (and WTI) and Brent crude represents the difference between the two crude benchmarks. WTI represents the that price oil producers receive in the U.S. Brent ...

The NYMEX front month 3:2:1 crack spread fell by $1.92 or ~12.7% per barrel from $15.01 per barrel on November 27 to $13.90 per barrel on November 30. The crack spread is almost unchanged compared to ...

The 3-2-1 crack spread has reached an extreme, with important implications for inflation, Fed policy, gasoline prices, and refining stocks that recently broke out to all-time highs. IBM’s historic 25% ...

“Crack spread” is an estimate of refinery gross margin on a barrel of crude oil – it compares prices of crude oil and the refined products derived from “cracking” 1 crude oil. How a crack spread can ...

Refinery stocks, including Phillips 66, outperformed the energy sector during Q1 and Q2 due to the rise in gasoline prices compared to crude oil. The recent sharp decline in the crack spread, a ...

In the energy sector, a crack spread is the terminology that describes the differential between the price of crude oil and petroleum products. Gasoline is the most ubiquitous oil product. Gasoline ...

The benchmark US Gulf Coast 3:2:1 crack spread rose by ~29% to $13.465 per barrel on November 02, from $9.437 per barrel on September 19. The continuous uptrend in the crack spread for the past two ...

President Donald Trump's "crack spread" problem isn't going to get better any time soon, according to a new analysis. When Trump touts a possible peace deal with Iran and crude oil prices drop, ...