Crude oil, the main component of gasoline ... or simply the price difference between the wholesale petroleum product and crude oil. The crack spread offers a ballpark idea as to the refinery ...

February WTI crude oil (CLG25) today is up +1.82 ... previously reported 48.3. Strength in the crude crack spread is bullish for crude prices after the crack spread today climbed to a 5-week ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

February WTI crude oil (CLG25) Thursday closed up ... previously reported 48.3. Strength in the crude crack spread is bullish for crude prices after the crack spread Thursday climbed to a 5 ...

When oil prices are high, the crack spread tends to shrink until market prices for refined products increase to reflect the rise in crude prices. Meanwhile, if refined product consumption is low ...

Oil prices fell as traders await clarity on President-elect Donald Trump's policy agenda. Banks are gearing up for oil prices to fall below $60 a barrel by the middle of Trump’s term. Standard ...

The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated that the price of crude ... He, however, admitted that crude oil is a major component of the pricing template ...

The "crack spread" — what refiners charge to process crude oil into gas — jumped to a record high, putting even more upward pressure on pump prices. "Energy markets are complex and global in ...