Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

Oil refiners crushed by collapsing margins Add to ...

Subscribers Only

U.S. oil refining margins are in full collapse and profit margins for the country’s refining industry is almost sure to follow.

The ‘crack spread’ is an industry term for the difference between the price of crude and prices for petroleum products, like gasoline and heating oil, that are refined from it. The crack spread is a good gauge of profitability for the oil refining industry.

Report Typo/Error

Follow on Twitter: @SBarlow_ROB

Next story

loading

For Globe Unlimited Subscribers

Business videos »

Most popular videos »

Highlights

Most Popular Stories