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The Brent WTI Spread Too Large (Video) "Credit News 24"

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The Brent WTI Spread Too Large (Video) "Credit News 24"



By EconMatters


We discuss the weekly EIA Petroleum Inventory Report with a look at the oil and product markets in this energy related video, also discussing the trading algo that was in play Friday in the market, and how the Brent/WTI Spread at $6.30 is just too large given the current export dynamics in the US. This wide Brent/WTI Spread should tighten going forward as the hurricane season comes to an end!



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