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YGRN - Crack Spread Volatility With The Price Of Oil; An Update On Valero
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Crack spreads measure the cost of refining or processing a barrel of crude oil into oil products such as gasoline and distillates. The price action in crack spreads can provide two significant pieces of critical information for the energy sector. First, they offer insight into the demand for gasoline, heating oil, jet and diesel fuels, and other oil products consumed around the globe each day. Since crude oil is the main ingredient in the production of petroleum products, the crack spreads provide vital data about the demand side of the fundamental equation for the raw