Crack Spread (so also said in German)

Unless otherwise defined, on the commodity exchange, the purchase of crude oil futures and the simultaneous sale of gasoline futures or fuel oil futures (in energy futures, the simultaneous purchase of crude oil futures and the sale of petroleum product futures to establish a refining margin: the profit margin that an oil refinery can expect to make by “cracking” crude oil, that is breaking its longchain hydrocarbons into useful shorter-chain petroleum products). – See hedging, oil price, futures markets, commodity futures contract, forward contract.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/