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The mythical mystical WTI-Brent gap and the oil price slide

Thursday, January 29th, 2015 Category: Downstream & Pricing
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The mythical mystical WTI-Brent gap and the oil price slide

Crude oil price benchmarks WTI and Brent are not identical so there is a gap. Some think the gap has some physical meaning. Others believe it is tautological: the consequence of different economic forces acting on each benchmark price.

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