Connecting NEXA Price Master EURUSD—SYNCING GBPUSD—SYNCING USDJPY—SYNCING AUDUSD—SYNCING XAUUSD—SYNCING XAGUSD—SYNCING BTCUSD—SYNCING ETHUSD—SYNCING SOLUSD—SYNCING XRPUSD—SYNCING AUDCAD—SYNCING AUDCHF—SYNCING AUDJPY—SYNCING AUDNZD—SYNCING CADCHF—SYNCING CADJPY—SYNCING CHFJPY—SYNCING EURAUD—SYNCING EURCAD—SYNCING EURCHF—SYNCING EURGBP—SYNCING EURJPY—SYNCING EURNZD—SYNCING GBPAUD—SYNCING GBPCAD—SYNCING GBPCHF—SYNCING GBPJPY—SYNCING GBPNZD—SYNCING NZDCAD—SYNCING NZDCHF—SYNCING NZDJPY—SYNCING NZDUSD—SYNCING USDCAD—SYNCING USDCHF—SYNCING USDCNH—SYNCING
NEXA TRADINGPROP FIRM
Free trial Start challenge
MEDIUM IMPACTUSD

Elevated crack spreads and crude oil prices contribute to higher prices at the pump

What are crack spreads and why are they elevated? Crack spreads are indicators of the profitability of refining crude oil into petroleum products such as gasoline and diesel. One common crack spread is calculated by subtracting the spot market price of a gallon of crude oil from the wholesale price of a gallon of refined product. Since May, the gasoline crack spread in New York Harbor has averaged about $1 per gallon (gal) higher than in 2025, when the crack spread peaked around 60 cents/gal. Gasoline crack spreads are elevated primarily because of tight gasoline supplies globally.

Fundamental context

What traders should check

This item was collected automatically from EIA — Today in Energy. Review the official release, current spread, quote freshness, active NEXA news restrictions and your own risk plan before opening or modifying a trade.

Likely impactMedium
Affected currenciesUSD
Related instrumentsEURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, XAGUSD, XPTUSD, XPDUSD, BTCUSD, ETHUSD, SOLUSD, XRPUSD, ADAUSD, DOGEUSD, LTCUSD, BCHUSD, LINKUSD, AVAXUSD, NZDUSD, USDCAD, USDCHF, USDCNH, USDCZK, USDDKK, USDHKD, USDHUF, USDILS, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTRY, USDZAR
Discovered by NEXA1 day ago
Read official source ↗

NEXA summarizes source metadata for market awareness. The original publisher remains authoritative.