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Reading the Brent–gas oil crack: what it means for physical buyers
For a physical distillate buyer the outright crude price is only half the story. The crack spread tells you where diesel supply, and prices, are heading next.
· 1 min read · Royal Neft trade desk
“The crack is a refiner's margin, but it is also a buyer's early warning system.”
- Brent
- Gas oil
- Crack spread
- Diesel


