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Heating oil (ULSD) crack vs WTI, $/bbl

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Latest spread · 2026-07-17
+88.22$/bbl
1D -2.12 1W +10.39 1M +33.48
252-session range +29.27 – +95.23 (89th percentile) 90-session daily spread · derived: HO=F × 42 − CL=F daily closes
NYMEX ULSD (converted to $/bbl at 42 gal/bbl) minus WTI — the simple distillate refining margin, the diesel/jet side of the barrel. Tightens with cold weather and freight demand. Derived from our own tracked legs — descriptive, not a market quote.
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