Sentences with phrase «refiner crack spreads»

Not exact matches

This is a rebound of over 2.4 million bpd from just two weeks ago, and further upside lies ahead in the coming weeks as refineries return to full strength, and strong crack spreads (aka profitability) encourage refiners to run as hard as they can, deferring maintenance where possible.
Buying a refiner is a bet on cracking spreads, not bullish on oil price.
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