Analysis
Brent-WTI Spread Widens: What the $7 Gap Means
WTI at $89.40, Brent at $96.31 — a $7 spread that usually signals US crude glut. Why this time is different and what it means for Gulf refiners.
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WTI at $89.40, Brent at $96.31 — a $7 spread that usually signals US crude glut. Why this time is different and what it means for Gulf refiners.
Brent crude is trading at $108.93 while WTI sits at $96.42 — a spread of $12.51 in March…
The Brent-WTI spread has exploded to $12.50 — three to five times its historical norm of $2–4. With…