Are there any good ET threads on this topic? Outside of RBOB/HO which have seasonal factors that can drive them, are people just following the volume on energy spreads?
Also - anyone spreading intermarket calendars - say WTI calendars against Brent calendars or HO cals vs. Gasoil cals?
I trade quite a few. calendars on all, the cl/bz arb, some rb/ho, but mostly the front 2 month cracks either implied or synth. not sure of any good threads on here.... can be lots of factors depending on which spread you are looking at. oil arb has been mostly affected lately by the inability to originate enough sweet crude product. sweet / sour spread @ 3 yr highs. cracks are suffering due to seasonality but also pipelines are full and China is starting to dump diesel on the mkt.....lots more