i understand that, but what creates the optionality? and how does a trader consistently use an asset to extract value from the market?
Does having a refinery give me an advantage in playing the premium - regular gasoline arbitrage? How about the Export diesel to domestic diesel...
Would love to hear from folks using refineries or blending facilities to exploit arbitrages in gasoline, distillate or fuel oil markets.
hard to believe that iran can ramp up production without costs being much higher than 1$/bbl. maybe there is some production at low cost but these...
@Sig, The Jones Act is still in force. If you meant, the export ban was supporting Jones act volumes, I agree. But US coastal refiners will still...
WTI-Brent spread compressed from -2.19 to -0.37. surprised to see the spread change so quickly.
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