Tag Archives: crack spread

Feb 11, 2015

Cracking Contango: Brent-Gas Hits 6-Year Seasonal Low

The Brent crude oil and unleaded gasoline price difference, or “crack spread“, is a widely followed relationship to measure the value extracted along the chain of producing oil to refining it that can serve as a proxy for profit margins.  The EIA (Energy Information Agency) reported global gasoline supply and demand patterns have been evolving with demand greater…

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