Crude is about −1.19% on the week. Inventories are building, and the build took the prompt contract down. That is a tape fact, not a forecast for next week.
The crack stays separate. A softer prompt with a firm crack is why integrated names are read before pure explorers. The drillbit takes the price. The refinery takes the spread.
Futures for qualified accounts are on the futures page. They are not live in this build. The note is not a solicitation.
What the desk is watching
- Crude about −1.19% on the week
- Inventories building
- The prompt is down, the crack is its own page