Why US Crude Oil Is Gaining On Brent Crude and Why it Matters

Ryan Dusek, Director in Opportune's Commodity Risk Advisory Group, was recently quoted in Barron's and MarketWatch. Dusek offered commentary on the narrowing price spread between the U.S. crude oil benchmark, West Texas Intermediate (WTI) and Brent, the international crude benchmark, and what broader implications this narrowing price spread has on the energy sector.

“Historically, we have seen that spread go the other way, with WTI trading at a premium to Brent."

 

 


CLICK HERE TO READ THE ARTICLE ON BARRON'S (LOGIN CREDENTIALS REQUIRED)


CLICK HERE TO READ THE ARTICLE ON MARKETWATCH (LOGIN credentials required)


 

want more industry insights? subscribe below