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west texas intermediate, Tag
- Why High Oil Prices Are Now Affecting Europe More Than the US Thu, 8 Mar 12, 1:25amThe world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
- Pipeline changes to fix WTI /Brent spread are likely to add new problems Sat, 3 Dec 11, 1:54amFor many years, Brent oil (a European grade) and West Texas Intermediate (WTI) oil, a US grade, sold at close to the same price. Starting in January 2011, WTI price dropped below Brent, at times by more than 20%.
- Why are WTI and Brent Oil Prices so Different? Tue, 22 Feb 11, 1:56amWe have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest is oversupplied because of all of the Canadian imports, and the...
- A Few Thoughts on US Petroleum Demand, Inventories, and Prices Fri, 27 Feb 09, 7:50amThe price of West Texas Intermediate (WTI) oil finally seems to be rising. At least part of this may be occurring because inventories at Cushing finally seem to be drawing rather than increasing: