Category Archives: Glossary

What is a refinery “crack?” | Crude Oil Trading, Refined Products

Posted on January 18, 2011 by Jeri Masterson

The refinery uses a controlled explosion in the catalytic cracker to break very long chain crude oil hydrocarbon molecules into shorter, more useful products such as gasoline and diesel. The catalytic cracker is called the “cat cracker,” and the gross margin over the refinery is called the “crack spread.” Continue reading →

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Glossary: Crude Oil Trading, Refined Products

Posted on January 12, 2011 by Jeri Masterson

A quick glossary of crude oil and refined products traders covering from “wellhead to burnertip.” Continue reading →

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