crack spread
- In the context of energy futures, the refining margin, achieved through buying crude oil futures and selling petroleum product futures; also the hypothetical market value of all potential petroleum products yielded from a barrel of crude oil once it is refined
- To maximize profit, the oil company decided to carefully monitor the crack spread.
- He invested in crude oil futures after studying the trends of crack spread.
- Her job as a commodities trader includes keeping an eye on the crack spread to determine potential profits.
Provide Feedback
