Stock Infographics

Updates on crack spread

DonkeyStock
Publish date: Wed, 07 Dec 2022, 09:16 AM
Visual content on financial market and investment trends

A crack spread is a spread created in commodity markets by purchasing oil and offsetting the position by selling gasoline and heating oil.

An oil refinery is a facility that takes crude oil and distills it into various useful petroleum products such as gasoline, kerosene, or jet fuel.

Hengyuan Refining Co Bhd, a Bursa-listed refinery had seen its share price plunging today after delivering a loss-making quarter result. The company may also deliver an unsatisfactory result for Q4 2022 as the crack spread had been trading at a negative territory throughout October.

Investors could avoid substantial losses if they track the prices of the crack spread.

Source:iSquare

More articles on Stock Infographics
MPHB Capital Privatization: A Questionable Valuation

Created by DonkeyStock | May 28, 2024

Higher offer price for MPHB Capital Bhd ?

DC Healthcare’s Financial Roller Coaster

Created by DonkeyStock | May 27, 2024

DC Healthcare Bhd has delivered a worsening financial result

These investors are mastering the real estate game.

Created by DonkeyStock | Jan 04, 2024

Property investing by these visionary Singapore-based companies

Why Guan Chong Bhd share price reach Covid 19 low ?

Created by DonkeyStock | Jan 03, 2024

Discover the factors behind this surge, the challenges faced by top cocoa producers, and the ripple effect on chocolate manufacturers

Companies that delivered significant profit growth in the latest quarter

Created by DonkeyStock | May 03, 2023

Companies listed on Bursa Malaysia with an outstanding quarter results for the month of Apr 2023.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment