Brent WTI Spread (I:BWTIS)
Level Chart
Basic Info
Brent WTI Spread is at a current level of 3.06, down from 3.82 the previous market day and down from 6.36 one year ago. This is a change of -19.90% from the previous market day and -51.89% 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. |
Report | Weekly Petroleum Status |
Category | Energy |
Region | N/A |
Source | Energy Information Administration |
Stats
Last Value | 3.06 |
Latest Period | Nov 04 2024 |
Last Updated | Nov 6 2024, 10:32 EST |
Average Growth Rate | -2.90K% |
Value from The Previous Market Day | 3.82 |
Change from The Previous Market Day | -19.90% |
Value from 1 Year Ago | 6.36 |
Change from 1 Year Ago | -51.89% |
Frequency | Market Daily |
Unit | USD per Barrel |
Adjustment | N/A |
Formula | Brent Crude Oil Spot Price - WTI Crude Oil Spot Price |
Historical Data
Date | Value |
---|---|
November 04, 2024 | 3.06 |
November 01, 2024 | 3.82 |
October 31, 2024 | 3.67 |
October 30, 2024 | 4.30 |
October 29, 2024 | 3.61 |
October 28, 2024 | 4.22 |
October 25, 2024 | 3.60 |
October 24, 2024 | 3.69 |
October 23, 2024 | 3.31 |
October 22, 2024 | 2.75 |
October 21, 2024 | 2.13 |
October 18, 2024 | 2.97 |
October 17, 2024 | 3.11 |
October 16, 2024 | 2.68 |
October 15, 2024 | 2.46 |
October 11, 2024 | 4.16 |
October 10, 2024 | 2.99 |
October 09, 2024 | 3.21 |
October 08, 2024 | 3.93 |
October 07, 2024 | 3.98 |
October 04, 2024 | 4.39 |
October 03, 2024 | 3.24 |
October 02, 2024 | 4.12 |
October 01, 2024 | 4.89 |
September 30, 2024 | 3.60 |
Date | Value |
---|---|
September 27, 2024 | 2.91 |
September 26, 2024 | 4.78 |
September 25, 2024 | 4.98 |
September 24, 2024 | 2.95 |
September 23, 2024 | 3.62 |
September 20, 2024 | 3.24 |
September 19, 2024 | 3.07 |
September 18, 2024 | 2.65 |
September 17, 2024 | 2.39 |
September 16, 2024 | 2.86 |
September 13, 2024 | 4.09 |
September 12, 2024 | 3.92 |
September 11, 2024 | 2.06 |
September 10, 2024 | 3.61 |
September 09, 2024 | 2.72 |
September 06, 2024 | 4.24 |
September 05, 2024 | 4.38 |
September 04, 2024 | 4.56 |
September 03, 2024 | 5.18 |
August 30, 2024 | 5.68 |
August 29, 2024 | 4.65 |
August 28, 2024 | 4.55 |
August 27, 2024 | 5.01 |
August 23, 2024 | 4.52 |
August 22, 2024 | 5.08 |
News
Basic Info
Brent WTI Spread is at a current level of 3.06, down from 3.82 the previous market day and down from 6.36 one year ago. This is a change of -19.90% from the previous market day and -51.89% 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. |
Report | Weekly Petroleum Status |
Category | Energy |
Region | N/A |
Source | Energy Information Administration |
Stats
Last Value | 3.06 |
Latest Period | Nov 04 2024 |
Last Updated | Nov 6 2024, 10:32 EST |
Average Growth Rate | -2.90K% |
Value from The Previous Market Day | 3.82 |
Change from The Previous Market Day | -19.90% |
Value from 1 Year Ago | 6.36 |
Change from 1 Year Ago | -51.89% |
Frequency | Market Daily |
Unit | USD per Barrel |
Adjustment | N/A |
Formula | Brent Crude Oil Spot Price - WTI Crude Oil Spot Price |
Related Indicators
US Energy |
Henry Hub Natural Gas Spot Price | 1.35 USD/MMBtu |
Mont Belvieu Propane Spot Price | 0.81 USD/gal |
US Crude Oil Imports | 6.24M bbl/d |
US Crude Oil Production | 415.43M bbl |
US Crude Oil Stocks WoW | 2.149M bbl |
US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 2.114 USD/gal |
US Oil Consumption | 18.98M bbl/d |
US Oil Rig Count | 479.00 |
US Residential Propane Price | 2.457 USD/gal |
US Retail Diesel Price | 3.536 USD/gal |
US Retail Gas Price | 3.191 USD/gal |
WTI Crude Oil Spot Price | 71.83 USD/bbl |
World Energy |
Australia Coal Price | 146.63 USD/mt |
Average Crude Oil Spot Price | 73.97 USD/bbl |
Brent Crude Oil Spot Price | 74.89 USD/bbl |
Dubai Fateh Crude Oil Spot Price | 73.76 USD/bbl |
Japan Liquefied Natural Gas Import Price | 12.91 USD/MMBtu |
OPEC Crude Oil Production | 28.56M bbl/d |
US Liquefied Natural Gas Exports Price | 5.77 USD/thou cf |
World Oil Consumption | 100.22M bbl/d |
World Oil Production | 96.26M bbl/d |
World Oil Rig Count | 709.00 |
WTI Crude Oil Spot Price | 71.83 USD/bbl |