July 27, 2017
Crack spreads provided a critical signal for the price of crude oil when they reversed and moved higher in the days and weeks before the price of the energy commodity fell to the lowest level of 2017. In my latest piece for Seeking Alpha, I point out that the gasoline and heating oil cracks have posted impressive gains, but they are starting to look a bit toppy which could influence the future path of least resistance for the price of the energy commodity.
Article: Are Oil Products At Highs?
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