Free Trial

Cracks Maintain Strength Despite Fall in Crude

OIL PRODUCTS

Gasoline and diesel crack spreads still trading higher than overnight lows despite the continued fall in flat price oil markets.

  • US and European diesel have however turned and are drifting off and losing some of the recovery from this morning. Gasoline markets are still gradually trading higher during the day so far.
  • US 321 crack down -2$/bbl at 55.11$/bbl
  • US gasoline crack down -1.6$/bbl at 47.69$/bbl
  • US ULSD crack down -2.8$/bbl at 69.95$/bbl
  • Brent FCC margin up 3.2$/bbl at 28.46$/bbl
  • Gasoline-Brent up 4.5$/bbl at 42.29$/bbl
  • Gasoil-Brent up 2.3$/bbl at 54.74$/bbl

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.