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Crack Spread Higher Before EIA Data

OIL PRODUCTS

Crack spreads trading up on the day before the latest EIA data release.

Gasoline stocks are expected to fall by 1mbbl while distillate stocks are expected to build by 0.7mbbls. Both inventory levels, but especially distillate were still well below normal last week.

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Crack spreads trading up on the day before the latest EIA data release.

Gasoline stocks are expected to fall by 1mbbl while distillate stocks are expected to build by 0.7mbbls. Both inventory levels, but especially distillate were still well below normal last week.

Keep reading...Show less