crack spread

noun

The price difference between crude oil and its refined products.

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Meanings

nouncrack spread (plural crack spreads)

plural crack spreads

  1. oil industrybusinessThe price difference between crude oil and its refined products.
  2. businessThe simultaneous buying of crude oil futures and the selling of petroleum product futures.
Cite this entry
APA

crack spread. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/crack%20spread

MLA

“crack spread.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/crack%20spread. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “crack spread,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/crack%20spread.

Source: crack spread on Wiktionary, CC BY-SA 4.0.