iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Despite Sell Off in Refinery Stocks, Crack Spreads Continue to Rise

The majority of refinery related stocks are down 10-15% over the past month. However, spreads continue to widen, up another 1% this evening to $28. At present levels, 321 spreads are at the highest levels in 6 months and approaching 5 year highs of $30.

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5 comments

  1. Mick

    looks like a bad miss for wnr… what am I missing ??

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  2. The Fly

    I missed the part where the CEO is a fucking spastic retard.

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  3. TJWP

    Fly, I am normally not a vengeful person, but please deploy your space based laser and destroy him.
    I still don’t understand how they can miss with crack spread so high.

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  4. jorge mann

    WNR better not get a downgrade before I can sell this POS, or I am hosed …

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