Real-World & Alternative DataCore researchlive in productionNew
Crude Brent Spread
Updated dailyData needs: mediumlong onlyshort only
paper
2014
Source
Buyuksahin, B., Robe, M. A. (2014). "Speculators, commodities and cross-market linkages." Review of Asset Studies.
Read the paper →
In plain terms
WTI tightening to Brent → US refiner margin tailwind.
How it works
WTI-Brent tightening = bullish US refining margins.
Live results
2 times picked on its own · 2 times inside a blend (2 beat the stock) · updated 2026-06-06This strategy is a frequent ingredient in blends that combine a few strategies on one stock. It has contributed to 2 such blended picks (2 of which beat simply holding the stock). Picking it on its own is only one of the ways it shows up.
How its picks scored vs. buy & hold
Each pick is graded on a recent year it was never tuned on, against simply owning the same stock
Where its edge concentrates
Share of picks in each company-size group that beat buy & hold
How often it trades
Active vs. patient. Bars on the left mean it waits for rare setups; bars on the right mean it trades often
Return vs. buy & hold
How much each pick beat or trailed simply owning the stock over the test year (extreme microcap moves trimmed)
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Data dependencies
- Fred macro
A data feed this strategy reads, refreshed on its normal schedule.
- Daily prices
Adjusted-close OHLCV for every US-listed ticker; primary price feed.
Expected edge
- Reported return
- t-stat 2010-2014
- Tested over
- 2003-2013
Buyuksahin-Robe 2014: measurable t-stat on refiners 2010-2014.
Example tickers where this is likely to fire
Illustrative only, the signal fires based on the live data, not a fixed list.
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Explore Crude Brent Spread on alphactor.ai
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