The Oil Market's Widow-Maker: Volatility Explodes in a Traditional Energy Spread

Author: Brynne Kelly 8/29/2022

The recent instability in a traditional relationship between US energy products is wreaking havoc on the direction of crude oil markets. What relationship are we talking about? RB gasoline vs ULSD futures, more commonly known as the RB/HO spread. It's unique ability to capture the different seasonal demand profiles between …