Ice heating oil gasoil spread

Pete dissects how to calculate the crack spread. The spreads are typically shown as the refined product minus crude oil. However, crude is quoted as dollars per barrel, while gasoline and heating oil are dollars per gallon. To convert we multiply the price of gasoline or heating oil by 42, given that there are 42 gallons per barrel. In the first case, let's assume that ICE gasoil prices in February are higher than the price at which you bought the swap and that the average price for ICE gasoil futures each business day in February is $960/MT. In this case, your $930 gasoil swap would result in a gain of $30/MT ($960 – $930 = $30)

3 Mar 2020 After strong profits in 2019, oil traders have been hit hard early in 2020, losing tens of millions of dollars on bets on gasoil price spreads due to an unexpected collapse ICE Gasoil, the European distillate benchmark, and U.S. benchmark heating oil futures last week both hit lows not seen since July 2017. 11 Mar 2018 The heating oil/gasoil futures spread is a geographic spread useful for yet to fully price in on ICE Gasoil futures, delayed by the cold weather  26 Jun 2019 Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global 'RIN- less' futures match specifications for domestic home heating oil a NYH ULSHO grade contract vs. low sulphur gasoil spread would offer  CL1:COM. WTI Crude Oil (Nymex). USD/bbl. 21.78, -5.17, -19.18%, Apr 2020, 1: 23 PM. CO1:COM. Brent Crude (ICE). USD/bbl. Heating Oil (Nymex). USd/gal. BO, Soybean Oil, Grains and Oilseeds. ZL, Soybean Oil (E) BD, Butter Cash- Settled, Meats. DA, CME GR, GasOil, Energies LO, ICE Heating Oil, Energies . ICE Heating Oil Futures / ICE Gasoil Futures Spread. ICE Rotterdam Coal / ICE Richards Bay Coal Futures Spread. ICE Brent Futures / ICE Middle East Sour  01, CHICAGO BOARD OF TRADE, LDF, 200, SHORT DATED, Soybean Oil 25, MONTH SPECIFIC EUROPEAN, Amsterdam Heating Degree Days, N/A, N/A MERCANTILE EXCHANGE, GOC, 250, Gasoil (ICE) Crack Spread (1000mt) s 

A monthly cash settled future based on the difference between the ICE daily settlement price for Heating Oil 1st Line Future and the ICE daily settlement price for 

Configuring the HO-GO Spread. By default, ICE Gateways install with the following values configured in the [SpreadRatios] section of the hostinfo.cfg file:. Find information for NY Harbor ULSD vs. Low Sulphur Gasoil (1000bbl) Futures Quotes provided by CME Group. View Quotes. The crack-spread ratio commonly used in the industry is the 3-2-1, which involves buying 1 heating oil contract and 2 gasoline futures contracts, and then selling  3 Mar 2020 After strong profits in 2019, oil traders have been hit hard early in 2020, losing tens of millions of dollars on bets on gasoil price spreads due to an unexpected collapse ICE Gasoil, the European distillate benchmark, and U.S. benchmark heating oil futures last week both hit lows not seen since July 2017.

ICE Heating Oil Prices The All Futures page lists all open contracts for the commodity you've selected. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST.

In the first case, let's assume that ICE gasoil prices in February are higher than the price at which you bought the swap and that the average price for ICE gasoil futures each business day in February is $960/MT. In this case, your $930 gasoil swap would result in a gain of $30/MT ($960 – $930 = $30)

Buy a heating oil contract in April/sell it in December. Locational Spread Buy NYMEX crude (WTI) contract/sell Brent (North Sea) crude contract. Buy NYMEX Henry 

CL1:COM. WTI Crude Oil (Nymex). USD/bbl. 21.78, -5.17, -19.18%, Apr 2020, 1: 23 PM. CO1:COM. Brent Crude (ICE). USD/bbl. Heating Oil (Nymex). USd/gal. BO, Soybean Oil, Grains and Oilseeds. ZL, Soybean Oil (E) BD, Butter Cash- Settled, Meats. DA, CME GR, GasOil, Energies LO, ICE Heating Oil, Energies . ICE Heating Oil Futures / ICE Gasoil Futures Spread. ICE Rotterdam Coal / ICE Richards Bay Coal Futures Spread. ICE Brent Futures / ICE Middle East Sour  01, CHICAGO BOARD OF TRADE, LDF, 200, SHORT DATED, Soybean Oil 25, MONTH SPECIFIC EUROPEAN, Amsterdam Heating Degree Days, N/A, N/A MERCANTILE EXCHANGE, GOC, 250, Gasoil (ICE) Crack Spread (1000mt) s  Calendar Spread. R. This version of the calendar spread has a smaller minimum tick size movement than that QPS. Gas Oil. Calendar. ICE. QUS. UK Natural Gas. Calendar. ICE. Symbol. Description. Type Heating Oil TAS. Calendar.

The ICE Heating Oil/Low Sulphur Gasoil (HO/LSGO) Futures Spread is financially settled with any position resulting in two legs in the underlying Heating Oil and Low Sulphur Gasoil markets. In listing the HO/LSGO Futures Spread, it enables traders to manage price risk for Middle Distillates cargoes moving between the United States and Europe.

Find information for NY Harbor ULSD vs. Low Sulphur Gasoil (1000bbl) Futures Quotes provided by CME Group. View Quotes. The crack-spread ratio commonly used in the industry is the 3-2-1, which involves buying 1 heating oil contract and 2 gasoline futures contracts, and then selling  3 Mar 2020 After strong profits in 2019, oil traders have been hit hard early in 2020, losing tens of millions of dollars on bets on gasoil price spreads due to an unexpected collapse ICE Gasoil, the European distillate benchmark, and U.S. benchmark heating oil futures last week both hit lows not seen since July 2017.

Calendar Spread. R. This version of the calendar spread has a smaller minimum tick size movement than that QPS. Gas Oil. Calendar. ICE. QUS. UK Natural Gas. Calendar. ICE. Symbol. Description. Type Heating Oil TAS. Calendar. CME Group – Ethanol, Light Sweet Crude, Natural Gas, RBOB Gasoline; ICE Futures RBOB, Heat Oil, Gasoil outrights, flys, spreads, crackboxes, condors  1 May 2011 at a premium to the ICE Gasoil in Europe and the Nymex Heating oil in the US. As shown in in the accompanying graph, Nymex heating oil has been As of March 28 close, the spread between front-month WTI and Brent