Gasoline crack spread, oil VIX charts… – Commodity Research Group

August 29, 2017 by Jim Colburn Leave a Comment

Here is what Harvey is doing to the relationship between crude oil and gasoline… Crude prices have moved lower (less production and fewer net imports is offset by less demand for oil as many refineries have been shut) and gasoline prices have moved sharply higher (refinery shut downs more than offset a decline in gasoline demand in the Houston area)… Here is the crack spread (gasoline minus crude) from barchart.com:

And here is the oil VIX…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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