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In Reply to: Spread between Brent and WTI is $4 last time I checked posted by Road Warrior on April 15, 2014 at 13:57:37:
Folks who are interested in the economics of the oil & gas industry should go to www.InsideAutomotive.com, then click on "News Sources". On that webpage, several oil industry sources are listed. You'll find more oil & gas news and statistics than you'll have time to read.RW: The spread today is about $5.50.
Checking the NYMEX, WTI is hovering around $104.50. Chevron is up nicely, Total is down a bit, Valero continues it's soaring streak, CNOOC is up but still down substantially from its high of around $220. Even Obama's oil pick from a few years ago, Petro Brasil, is up a few cents to $13.38, although still WAY down from the $40-$45 when he was talking about it.
:)
Edits: 04/16/14 04/16/14
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- RE: Spread between Brent and WTI is $4 last time I checked - Inmate51 07:41:16 04/16/14 (0)