Thu, Aug 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Oil, Resources more

US crude trades sharply below Brent

Posted on 19 January 2009

From Gulf-news.com: US crude oil could trade sharply below London Brent for months to come as a dramatic slowdown in energy demand in the world’s largest consumer nation causes inventories to swell.

West Texas Intermediate (WTI) changed hands on the New York Mercantile Exchange Thursday for as much as $10.40 (Dh38.2) a barrel less than Brent, a record discount that is particularly unusual because WTI is a lighter, sweeter grade that is easier to process into products like gasoline….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36658 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31