Sentences with phrase «crack spread»

Then, in August, scientists monitoring the condition of the Larsen C ice shelf — the fourth largest Antarctic ice shelf — found that the region had a huge crack spreading across its surface.
Researchers from the British Antarctic Survey - funded collaboration Project MIDAS reported that the shelf, whose neighbours Larsen A and B collapsed in 1995 and 2002 respectively, now has a huge crack spreading across its surface — one that is growing rapidly.
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.
So it is that narrative cracks spread far and wide in our anti-heroine of limited ethical and intellectual abilities.
It is far better to look at your investment in an oil refiner and ask «What are the possibilities for where crack spreads will be a year from now,» than to look at the beta, correlations to anything, standard deviations, etc..
Refiner crack spreads have suffered (and actually went negative a few weeks back) b / c there has not been a concomitant increase in distillate prices.
The black shape has faded to grey, but still tilts sharp and subversive against the correct white rectangle on which it floats, fine cracks spreading like laughter lines across the surface.
Cracks spread across the screen's surface and a frown stretched across my face.
Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more oil, earn more money).
However, crack spreads — the difference between crude oil and refined product prices — remain wide.
To make matters worse, some U.S. East Coast refineries are actually shutting down production due to stagnant local demand and because their crack spread is not as profitable.
This «crack spread» as it's known, had dipped to $ 11 last December but has since recovered to $ 26, more than double the five year average of $ 12.50.
This figure shows the 3:2:1 crack spread, or the difference between the value of a hypothetical refinery output (2/3 of a barrel of gasoline and 1/3 of a barrel of distillate fuel oil) and a barrel of crude.
The crack behind the descending blob of iron would quickly seal itself under pressure from the surrounding rock, so there would be no risk of the crack spreading catastrophically and splitting the planet wide open.
For example, a crack spread is the purchase of crude oil together with the sale of products such as gasoline or heating oil.
One example is a crack spread, which is essentially a commodity - product spread involving a particular type of commodity such as crude oil.
The cracks spread out from the centre in these works that suck you into their little details.
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