Crack spread
Asia end-user of the year: Bharat Petroleum
Indian state-owned refiner has coped well with market and regulatory risk
Refiners seek innovative tools for risk management
Old dogs, new tricks
Refiners step up hedging activity
Refineries in Europe have stepped up their hedging activity in recent months as they take advantage of a recovery in margins, market participants say
Refiners feel the squeeze
While crude oil prices have undergone a 70% decline since July, gasoline has dropped by 75%, taking the crack spread into negative territory. Eric Fishhaut of GlobalView Software looks at this unusual phenomenon