Brent WTI Spread:
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 case causing a fall in WTI price relative to Brent and thus a surge in Brent WTI Spread.
Brent WTI Spread is at a current level of 10.62, a decrease of 0.04 or 0.38% from the previous market day. This is an increase of 3.61 or 51.50% from last year and is higher than the long term average of 1.108.
- Category: Energy
- Region: N/A
- Report: Weekly Petroleum Status
- Source: Energy Information Administration
Chart
Historical Data
| Data for this Date Range | |
|---|---|
| June 17, 2019 | 10.62 |
| June 14, 2019 | 10.66 |
| June 13, 2019 | 10.90 |
| June 12, 2019 | 10.53 |
| June 11, 2019 | 10.26 |
| June 10, 2019 | 10.98 |
| June 7, 2019 | 10.15 |
| June 6, 2019 | 10.18 |
| June 5, 2019 | 10.57 |
| June 4, 2019 | 10.06 |
| June 3, 2019 | 9.91 |
| May 31, 2019 | 13.29 |
| May 30, 2019 | 13.08 |
| May 29, 2019 | 11.80 |
| May 28, 2019 | 11.28 |
| May 27, 2019 | 9.58 |
| May 24, 2019 | 9.58 |
| May 23, 2019 | 10.72 |
| May 22, 2019 | 10.52 |
| May 21, 2019 | 9.92 |
| May 20, 2019 | 10.09 |
| May 17, 2019 | 11.17 |
| May 16, 2019 | 11.77 |
| May 15, 2019 | 11.06 |
| May 14, 2019 | 10.71 |
| May 13, 2019 | 11.38 |
| May 10, 2019 | 9.98 |
| May 9, 2019 | 9.03 |
| May 8, 2019 | 8.96 |
| May 7, 2019 | 9.57 |
| May 6, 2019 | 9.65 |
| May 3, 2019 | 9.97 |
| May 2, 2019 | 8.81 |
| May 1, 2019 | 8.46 |
| April 30, 2019 | 8.36 |
| April 29, 2019 | 7.83 |
| April 26, 2019 | 7.74 |
| April 25, 2019 | 9.71 |
| April 24, 2019 | 7.63 |
| April 23, 2019 | 8.15 |
| April 22, 2019 | 5.05 |
| April 18, 2019 | 6.69 |
| April 17, 2019 | 7.40 |
| April 16, 2019 | 6.73 |
| April 15, 2019 | 7.47 |
| April 12, 2019 | 7.71 |
| April 11, 2019 | 7.69 |
| April 10, 2019 | 7.01 |
| April 9, 2019 | 6.97 |
| April 8, 2019 | 6.75 |
There is no data for the selected date range.
An error occurred. Please try again by refreshing your browser or contact us with details of your problem.
Stats
| Last Value | 10.62 |
| Latest Period | Jun 17 2019 |
| Last Updated | Jun 19 2019, 10:46 EDT |
| Next Release | |
| Average Growth Rate | -3.35K% |
| Value from 1 Year Ago | 7.01 |
| Change from 1 Year Ago | 51.50% |
| Frequency | Market Daily |
| Unit | USD per Barrel |
| Adjustment | N/A |
Formula: Brent Crude Oil Spot Price - WTI Crude Oil Spot Price
Related Indicators
| Brent Crude Oil Spot Price | 62.56 USD/bbl |
| Canada Oil Production | 5.208M bbl/day |
| Cushings, OK Crude Oil Futures Contract 1 | 53.90 USD/bbl |
| Energy Price Index | 81.80 |
| Heating Oil Futures Contract 1 | 1.828 USD/gal |
| Iran Oil Production | 4.715M bbl/day |
| Iraq Oil Production | 4.614M bbl/day |
| Kuwait Oil Production | 3.049M bbl/day |
| Nigeria Oil Production | 2.051M bbl/day |
| RBOB Gasoline Futures Contract 1 | 1.721 USD/gal |
| Russia Oil Production | 11.44M bbl/day |
| Saudi Arabia Oil Production | 12.29M bbl/day |
Excel Add-In Codes
- Indicator Code: I:BWTIS
- Indicator Name: =YCI("I:BWTIS","name")
- Data Point Example: =YCP("I:BWTIS")
- Data Series Example: =YCS("I:BWTIS",,-4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.
