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01 November

Crack whacked as surplus back

With the U.S. gasoline market in a state of plentiful supply, the front month Rbob gasoline crack spread (the gauge for the profitability of refining gasoline) has dropped below $10/bbl (vs WTI) for the first time since early 2017. 

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Tagged rbob crack spread, us refinery runs, US gasoline exports Leave a comment

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Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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