A spread that involves two related commodities: a primary (raw or unprocessed) commodity and one of its byproducts. In other…

A commodity swap which allows a refiner to hedge against a narrowing spread between crude oil prices and the prices...

An option that gives the holder the right to exchange a base asset (a crude commodity) for one or two...

A commodity trading strategy which involves the purchase of crude oil futures and the simultaneous sale of gasoline and heating...

A commodity swap which allows a refiner to hedge against a narrowing spread between crude oil prices and the prices...

A futures contract or futures option in which the underlying is a specific spread. Examples of underlying spreads include crack...

An OTC option which is written on a spread. The spreadtion is usually used to lock in the difference between...

An OTC option which is written on a spread. The spread option is usually used to lock in the difference...