Silver as an investment

Category Archives: Crack spread

Crack Spreads Rip to Two Year Highs, Post Harvey

Content originally published at Most of you see WTI down 3% today and think Harvey didn’t affect the oil trade — but you’re wrong. 321 crack spreads are blowing out because of damage to the refinery sector. Gasoline is higher by 3% today — causing 321 cracks to blow out to its largest spread […]

Why The Crude Rally Has Fizzled – Part 3 (Of 3)

Authored by James Bambino via Platts blog, This is the third and final segment of a three-part look at why oil prices have failed to rally despite OPEC’s best efforts at managing supply cuts. Not only have prices failed to rally, both NYMEX WTI and ICE Brent have fallen around 9% over the past three […]