| Crack Spread |
57.13
0.70
|
|---|---|
| Last updated: October 27, 2026 03:01 | |
3-2-1 Crack Spread
The 3-2-1 Crack Spread approximates the value of crude oil inputs and product outputs – in effect an indicator of refinery profitability. The 3-2-1 Crack spread approximates a theoretical refinery crude yield that produces two barrels of gasoline and one barrel of diesel for every three barrels of crude input. In other words, the simplified refinery yield implied by this calculation is two-thirds gasoline, one-third diesel. It is calculated in $/bbl.
For more on the 3-2-1 Crack Spread and a free Crack Spread Model download, see Cracking the Code – What 2026’s Record Crack Spreads Tell Us About Refining Economics.
The Future of Fuels bi-annual report by RBN's Refined Fuels Analytics provides an in-depth analysis of the U.S. and global refinery industries, focusing on crude oil and fuel market dynamics, supply and demand, alternative fuels, refinery capacities, and price forecasts to help stakeholders navigate the evolving energy landscape.
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