Spread Desk

Cross-market spreads · domestic/intl ratios · cracks · percentiles · arb calculator — transparent formulas

Live — · Daily history — · Source: public market feeds (no paid terminal)

Brent − WTI—

Normal 2–6 USD. Widening = non-US tightness (watch ME/W.Africa arb); narrowing = weaker US export economics.

SC / Brent Ratio—

Ratio ÷ spot FX − 1 = domestic premium. Premium = domestic strength, imports more attractive.

Fuel Oil Crack (proxy)—

Product − crude × 7.33. Higher = better refining margin; negative = deep inversion, run cuts.

Spread Matrix Aligned on common trading days · percentile from daily series

SpreadFormulaNowΔ DayPercentileTrend

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Note: crack spreads use an approximate 7.33 bbl/ton factor (actual density varies by grade) — for structural reading, not settlement. Percentile ≥80% = high zone, ≤20% = low zone.

Arbitrage Window Calculator Import parity vs domestic product price

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Methodology & Disclaimer
  • All spreads are computed from public quotes (delayed exchange data / daily closes) per the formulas shown — no paid-terminal data.
  • Percentiles use our accumulated daily series (improving over time); the calculator excludes duty, VAT, financing and handling realities.
  • For professional reference only — not investment advice or an offer.
  • More signals (ratios / momentum / FX-oil) at AI Decision Center ; regional fundamentals: Global Markets