Crack Spreads The crack spread represents the theoretical refining margin. If a crack spread is a positive number then the price of the refined products is higher than that of crude oil, the raw material, and the spread is profitable. If the spread is a negative number, the products are priced at less than the cost of crude and are not profitable. The 3-2-1 crack spread is a commonly used formula in the oil industry, expresses the theoretical margin in dollars per barrel. X (Heating Oil: $ per gallon x 42) rowtotal: TESTING PURPOSES ONLY X (Gasoline: $ per gallon x 42) rowtotal: TESTING PURPOSES ONLY minus X (Crude Oil: $ per barrel) rowtotal: TESTING PURPOSES ONLY Crack Spread: $ per barrel X (Heating Oil: $ per gallon x 42) rowtotal: TESTING PURPOSES ONLY minus X (Crude Oil: $ per barrel) rowtotal: TESTING PURPOSES ONLY Crack Spread: $ per barrel X (Gasoline: $ per gallon x 42) rowtotal: TESTING PURPOSES ONLY minus X (Crude Oil: $ per barrel) rowtotal: TESTING PURPOSES ONLY Crack Spread: $ per barrel.

Jan 11, 2013 - So if you're refinery produces twice the quantity of gasoline as distillate, you might use a 3:2:1 spread, buying three crude futures, selling 2 gasoline. Ps2 Pnach Files Download. 1st I would like to use longer term and more informative crack spread charts, and 2nd the Gulf Coast 3-2-1 chart does not look completely right to me. Find information for RBOB Gasoline Crack Spread Futures provided by CME Group.

Crack spread is a term used on the oil industry and futures trading for the differential between the price of crude oil and petroleum products extracted from it. Contabilidad Intermedia Bosch Y Vargas Pdf more. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news.