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WhiskeyTangoFoxtrot3
Apr 22, 2019 2:07 PM

Brent to WTI Price Rising 

BCOUSD-USOILOANDA

Description

This is a chart of Brent minus WTI, the former of which is typically more expensive since it takes more to refine while the latter tends to be the opposite. A rise in price action of this difference demonstrates less of a speculative appetite for petroleum consumption and more of demand since a price differential suggests increased competitiveness in Atlantic oil markets.
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