ENERGY TRADING

Settlements for 7. What is the value of the June 2-1-1 crack? 8. Distinguish the difference, if any, between the June 3-2-1 crack and the June 3-21 calendar swap crack? 9. What is TAS \& how it used to manage risk and what risk? 10. Compare and contrast EFP \& TAS. 11. Domestic crude is priced on a formulal $=CMA+ Argus Roll + Argus Grade \& Location + Basis Settlements for 7. What is the value of the June 2-1-1 crack? 8. Distinguish the difference, if any, between the June 3-2-1 crack and the June 3-21 calendar swap crack? 9. What is TAS \& how it used to manage risk and what risk? 10. Compare and contrast EFP \& TAS. 11. Domestic crude is priced on a formulal $=CMA+ Argus Roll + Argus Grade \& Location + Basis