Level Chart

Created with Highcharts 11.1.0Apr '24Jul '24Oct '24Jan '250.003.50

Basic Info

Brent WTI Spread is at a current level of 3.50, up from 3.36 the previous market day and down from 6.32 one year ago. This is a change of 4.17% from the previous market day and -44.62% from one year ago.

Brent WPI Spread is the difference in Brent Crude OIl Spot Price and WTI Crude Oil Spot Price. Brent Oil comes from the North Sea and is the major pricing benchmark for Atlantic basin oil. WTI comes from Texas and is the major pricing benchmark for oil from the Americas. While Brent and WTI price generally track one another, divergences often reflect technical, supply/demand or geopolitical issues. In 2015, a surge in production in US shale oil led to constrained pipeline capacity which limited the ability to move the oil to the coast for export. This caused a fall in WTI price relative to Brent and thus a surge in Brent WTI Spread.

Stats

Last Value 3.50
Latest Period Feb 10 2025
Last Updated Feb 12 2025, 12:02 EST
Average Growth Rate -2.88K%
Value from The Previous Market Day 3.36
Change from The Previous Market Day 4.17%
Value from 1 Year Ago 6.32
Change from 1 Year Ago -44.62%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
Formula Brent Crude Oil Spot Price - WTI Crude Oil Spot Price

Historical Data

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Date Value
February 10, 2025 3.50
February 07, 2025 3.36
February 06, 2025 3.57
February 05, 2025 3.32
February 04, 2025 3.54
February 03, 2025 2.97
January 31, 2025 4.27
January 30, 2025 4.32
January 29, 2025 4.08
January 28, 2025 3.86
January 27, 2025 3.79
January 24, 2025 3.74
January 23, 2025 3.59
January 22, 2025 3.88
January 21, 2025 3.78
January 17, 2025 4.46
January 16, 2025 3.04
January 15, 2025 2.75
January 14, 2025 4.19
January 13, 2025 3.12
January 10, 2025 2.49
January 08, 2025 3.38
January 07, 2025 2.85
January 06, 2025 2.96
January 03, 2025 2.08
Date Value
January 02, 2025 2.35
December 31, 2024 2.14
December 30, 2024 2.51
December 27, 2024 2.49
December 24, 2024 2.63
December 23, 2024 2.62
December 20, 2024 3.48
December 19, 2024 3.65
December 18, 2024 3.77
December 17, 2024 2.85
December 16, 2024 3.27
December 13, 2024 3.35
December 12, 2024 3.27
December 11, 2024 3.81
December 10, 2024 4.79
December 09, 2024 5.08
December 06, 2024 5.20
December 05, 2024 5.20
December 04, 2024 5.87
December 03, 2024 4.65
December 02, 2024 4.46
November 29, 2024 5.90
November 27, 2024 4.88
November 26, 2024 5.51
November 25, 2024 4.86

Basic Info

Brent WTI Spread is at a current level of 3.50, up from 3.36 the previous market day and down from 6.32 one year ago. This is a change of 4.17% from the previous market day and -44.62% from one year ago.

Brent WPI Spread is the difference in Brent Crude OIl Spot Price and WTI Crude Oil Spot Price. Brent Oil comes from the North Sea and is the major pricing benchmark for Atlantic basin oil. WTI comes from Texas and is the major pricing benchmark for oil from the Americas. While Brent and WTI price generally track one another, divergences often reflect technical, supply/demand or geopolitical issues. In 2015, a surge in production in US shale oil led to constrained pipeline capacity which limited the ability to move the oil to the coast for export. This caused a fall in WTI price relative to Brent and thus a surge in Brent WTI Spread.

Stats

Last Value 3.50
Latest Period Feb 10 2025
Last Updated Feb 12 2025, 12:02 EST
Average Growth Rate -2.88K%
Value from The Previous Market Day 3.36
Change from The Previous Market Day 4.17%
Value from 1 Year Ago 6.32
Change from 1 Year Ago -44.62%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
Formula Brent Crude Oil Spot Price - WTI Crude Oil Spot Price
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