EXPLAINER – WTI vs BRENT: Why is There a $15 Spread in Prices?

EnergyNow Media Two of the world’s most important oil benchmarks are trading nearly $15 per barrel apart. Why is Brent commanding such a substantial premium over West Texas Intermediate (WTI), and what does this growing price differential mean for Canadian oil producers? Oil markets are experiencing an unusual divergence between Brent crude, the international pricing … Read more