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Calculate the NYMEX 3-2-1 spread. Suppose the nearby NYMEX crude futures settled at $43.00 per Bbl, gasoline settled at $1.28/gal and heating oil settled at
Calculate the NYMEX 3-2-1 spread. Suppose the nearby NYMEX crude futures settled at $43.00 per Bbl, gasoline settled at $1.28/gal and heating oil settled at $1.16/ gal. The crack spread is per barrel:
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