When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
USOD - Gasoline Crack Spreads Lead Valero Shares Lower
United States 3x Short Oil Fund
Crack or refining spreads in the oil market are the economics of processing a barrel of crude oil into products. Gasoline and distillates, including heating oil, jet, diesel, and other fuels are all petroleum products. The primary ingredient in the products is the raw crude oil, so the price action in gasoline and other fuels that pass through the cracking process in refineries translates back to the highly liquid oil market. Strength in gasoline and distillate products are signs of increased demand for crude oil.
Crack spreads are also a real-time indicator for the earnings