The chart above shows recent trends in a single product crack spread, or the difference between the U.S.
They do not take into consideration all refinery product revenues and exclude refining costs other than the cost of crude oil. Crack spreads are a simple measure based on one or two products produced in a refinery (usually gasoline and distillate fuel). These spreads are often used to estimate refining margins. Gulf Coast conventional gasoline crack spread Crack spreads are differences between wholesale petroleum product prices and crude oil prices.
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