Crackspread is about to roll overAs seen in the past, the crack spread is about to roll over for the summer months until the fall shutdowns start again. How this plays out in the equities like $HFC is yet to be seen.
Contract highlights
Volume
—
Contract size
1000
Current contract
AREM2023
GASOLINE - Down Trend is not your Friend!Looking at the chart, lower highs and lower lows. With that said, hurricane season is around the corner, and the 330k bpd plant in Phili just went up in flames. They lost their Alky unit which produces a boat load of gasoline. I would gamble on this spread in the near term, but have a small position
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