The gap between the crude oil price WTI and Brent oil price has reached on Monday a new high, at 19.46$/b. This is the largest gap it recorded in over in 23 years. Yesterday the gap was a bit smaller…
Crude oil price (WTI) declined yesterday as part of the ongoing downward trend it experienced during2011. Let’s examine this behavior: Yesterday crude oil price (WTI spot) fell for the third straight business day, by 0.58% as it settled on 84.32$/b…
In crude oil price, there is an ongoing rise in the gap between WTI and Brent oil spot. An investor should watch out for the pitfalls when trying to profit from this spread. I will present here a couple of…
Yesterday there was no trade in the U.S. due to Martin Luther King Day; however, Brent oil was traded in Europe and it moderately declined: on 17/1/2011 it settled at 97.3 $/b a 0.83% fall. Crude oil price (Dated Brent…