US Gulf Coast 3-2-1 crack
The 3-2-1 crack is a shorthand measure of a refinery's theoretical operating margin. It reflects what a refiner on the US Gulf Coast can expect to make when comparing production yields along with the relative strength of crude oil prices and refined transport fuels. It is calculated by taking three barrels of Quantum's WTI prompt cash assessment and subtracting the sum of two barrels of spot USGC CBOB gasoline and one barrel of spot USGC ULSD.
Currency and unit of measure: $/b
Incoterm: SPR
Quantity: 1bbl
Time of assessment: 14:30:00 America/New_York
Publishing frequency: Daily
Spec: N/A
Start Date: 08.03.2021
Please Register or Sign in to view this content.
Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.
Quantum Oil service subscribers have access to:
- Daily price assessments
- Market news and price commentary
- Fundamental trade data
- Quantum Oil Daily - market report sent to your email
Get in touch with us for subscription information on all Quantum platforms, or help with the service.
