The Spread Between Brent And WTI Has Aligned With Transatlantic Freight Costs
The Spread Between Brent And WTI Has Aligned With Transatlantic Freight Costs By Charles Kennedy of OilPrice.com, The cost of transporting U.S. crude from the Gulf Coast to Europe has been increasingly determining the discount at which the U.S. benchmark WTI trades relative to the North Sea crude benchmark Brent, according to estimates by Argus. […]
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