Will Gasoline Save Crude?
To say the least, Q4 has been a volatile quarter so far for the gasoline complex, with prices for the crack spread seeing a U-shaped trend. Weakening US fundamentals on the back of increasing RINs supply was one of the
The spread between European Gasoline (EBOB) and Crude Oil’s most liquid contract (Brent). This difference is known as the ‘Crack Spread’.
The chart displays Onyx Daily Settlements. For live prices visit Flux.
To say the least, Q4 has been a volatile quarter so far for the gasoline complex, with prices for the crack spread seeing a U-shaped trend. Weakening US fundamentals on the back of increasing RINs supply was one of the