What benchmark / index etc to look at for correlation between crack spread and refinery stock prices?
I tried to look for a 1:1 or 321 spread index that is chartable. but couldn't find one.
assuming the final product doesnt move that fast, i ended comparing with WTI.
What benchmark / index etc to look at for correlation between crack spread and refinery stock prices?
I tried to look for a 1:1 or 321 spread index that is chartable. but couldn't find one.
assuming the final product doesnt move that fast, i ended comparing with WTI.
https://www.tradingview.com/x/nFNKmJNp/
Any pointers ?