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Oil Processing Spreads Hanging In There As Winter Approaches And That Is Good News For Oil Bulls

Oil Processing Spreads Hanging In There As Winter Approaches And That Is Good News For Oil Bulls

October 19, 2017

Crude oil processing spreads are trading at the highest levels in the past three years even though the price of the raw energy commodity continues to work its way higher. In my latest article for Seeking Alpha, I explain why crack spreads, oil stocks, and the geopolitical landscape all point to a higher price for crude oil which is working its way towards a challenge of the 2017 high at $55.24 per barrel.

Article: Oil Processing Spreads Hanging In There As Winter Approaches And That Is Good News For Oil Bulls

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