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This article has been translated from English to Gen Z Slang.
The crack spread is basically the tea on how much you gotta shell out for crude oil vs. those refined goodies like gas and heating oil. 🛢️
The usual hustle? You cop 3 crude oil contracts and then flip 2 gasoline contracts plus 1 heating oil contract. It's a whole 3:2:1 vibe. 🔄💡
This whole price game shows the low-key profit from "cracking" 1 unit of crude oil. 💰🔥
EIA Crude Oil Inventories Data Shows Change in US Oil Stash
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What's the 411 on term spread trading?
API's Weekly Stats Bulletin: The Tea on U.S. Crude Oil and Gas Vibes
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