crack spread


A commodity-product spread involving the purchase of crude oil futures and the sale of gasoline and heating oil futures.

Use crack spread in a sentence

I didn't know what the crack spread was, but knew that it involved crude oil and purchasing it with money.

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The crack spread was our choice for our investment strategy as we had analyzed the energy and oil industry fully.

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We took a look at the crack spread and made some hopefully wise investment choices as a result for the coming year, but uncertainty still hung in the air.

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CPI cramdown