Thursday, March 20, 2008

Nymex 3-2-1 crack spread pops on oil pullback, contract roll-over

The dramatic drop in oil gives refiners hope that this summer's driving season will not be a total bust.
It's likely that some of the money flowing out of the crude trade could be put to work in the refiners as a way to play the other side of that trade.
TSO, HOC, VLO, WNR, ALJ



No comments: