The rise in crude oil price in recent days has been weighing on markets. But even before this, there was another factor – ...

Crack spreads have hit record highs, keeping gas and diesel prices elevated. See why refiners like Marathon and Valero are surging.

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 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 ...

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, ...

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% ...

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 ...

“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 ...

The crack spread is the difference between the market cost of the crude derivative product and crude oil and is an important indicator of the profitability of downstream companies. In general, the ...