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Rising 'crack spread' in energy markets signals no relief at the US pump anytime soon
📈 Business

Rising 'crack spread' in energy markets signals no relief at the US pump anytime soon

A rising "crack spread" — the margin between crude oil costs and refined products like gasoline — is warning cash-strapped US consumers that pump prices are unlikely to fall soon. Energy market analysts say the trend puts further pressure on already stretched household budgets.

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