Archive for November 2nd, 2007


02
Nov

Wrap – Week Ended 11/02/07

      3-2-1 Crack Line Shows Cracks Improving. You'll note I've added a generic 3-2-1 crack spread line to the table above. I've been harping on a theme of late: that products have not kept pace with ever advancing crude prices over the last few months resulting in depressed crack spreads. This past products […]


02
Nov

T.G.I.F.

Commodity Watch Crude Oil Withered. The contract had a wild ride yesterday, topping $96, then falling as low as $92.06 in the early mornings only to fall back to $93.49, down $1.04 on the day amid profit taking and a slight (and I do mean slight) increase in the value of the dollar. This morning […]

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