What can you tell from the following crack spreads Bloomberg screen? 24.00 CRK321M1 15.234 .469 At 3/11d Op 15.643 Hi 16.050 Lo 14.840 Prev 15.703 Vol 0 CRK321M1 Index I News Index Description Bloomberg Nymex WTI Cushing Crude Oil First Month 321 Crack Spread Notes Crack spreads are calculated as follows, Example: based on a 321 CL:HU:HO crack spread, which must all use the same contract month (CXBF2-2.42)+(HOF2-1..42))-(CLF2-3))/3 Please note that all contracts follow the crude Details 3 Line Chart (GP) Ticker CRK321M1 Index Contract Month Apr 20 ORCIDIM1 Index 15.2338 Quote Type Price High on 05/16/19 Average 18.1427 Unit USD/barrel Low on 01/27/20 12.158 22.00 Currency US DOLLAR Country UNITED STATES 20.00 FIGI BBGOOOXBW6Q1 Price Frequency Intraday 18.00 Last Update 03/11/20 Update Status Latest data available from the so... 16.00 Start Date 11/25/86 14.00 Current Source BLOOMBERG ENERGY History ALL (Open/High/Low/Close) 12.00 Trading Day 19:00 to 17:00 Jun Mar 2019 2020 Search for Minecce. The crack spread margin is high in May 2019 and low in January 2020. The crack spread is calculated based on 3 barrels of crude oil, 2 gallons of gasoline, and 1 gallon of heating oil. OOO The current crack spread is $15.643. To purchase the crack spread, you need to buy crude oil futures, gasoline futures, and heating oil futures at the same time