Brent WTI Spread (I:BWTIS)
Basic Info
|
Brent WTI Spread is at a current level of 4.09, down from 4.51 the previous market day and up from 3.45 one year ago. This is a change of -9.31% from the previous market day and 18.55% 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 | 4.09 |
| Latest Period | Mar 17 2025 |
| Last Updated | Mar 19 2025, 12:04 EDT |
| Average Growth Rate | -2.87K% |
| Value from The Previous Market Day | 4.51 |
| Change from The Previous Market Day | -9.31% |
| Value from 1 Year Ago | 3.45 |
| Change from 1 Year Ago | 18.55% |
| 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 |
|---|---|
| March 17, 2025 | 4.09 |
| March 14, 2025 | 4.51 |
| March 13, 2025 | 4.00 |
| March 12, 2025 | 4.71 |
| March 11, 2025 | 4.99 |
| March 10, 2025 | 4.77 |
| March 07, 2025 | 5.20 |
| March 06, 2025 | 4.46 |
| March 05, 2025 | 4.34 |
| March 04, 2025 | 3.84 |
| March 03, 2025 | 4.22 |
| February 28, 2025 | 4.79 |
| February 27, 2025 | 4.39 |
| February 26, 2025 | 4.62 |
| February 25, 2025 | 3.96 |
| February 24, 2025 | 3.83 |
| February 21, 2025 | 4.16 |
| February 20, 2025 | 4.07 |
| February 19, 2025 | 3.76 |
| February 18, 2025 | 4.25 |
| February 14, 2025 | 4.14 |
| February 13, 2025 | 3.95 |
| February 12, 2025 | 3.66 |
| February 11, 2025 | 3.98 |
| February 10, 2025 | 3.50 |
| Date | Value |
|---|---|
| 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 |
| January 02, 2025 | 2.35 |
News
Basic Info
|
Brent WTI Spread is at a current level of 4.09, down from 4.51 the previous market day and up from 3.45 one year ago. This is a change of -9.31% from the previous market day and 18.55% 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 | 4.09 |
| Latest Period | Mar 17 2025 |
| Last Updated | Mar 19 2025, 12:04 EDT |
| Average Growth Rate | -2.87K% |
| Value from The Previous Market Day | 4.51 |
| Change from The Previous Market Day | -9.31% |
| Value from 1 Year Ago | 3.45 |
| Change from 1 Year Ago | 18.55% |
| 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 | 4.15 USD/MMBtu |
| Mont Belvieu Propane Spot Price | 0.856 USD/gal |
| US Crude Oil Imports | 5.385M bbl/d |
| US Crude Oil Production | 418.21M bbl |
| US Crude Oil Stocks WoW | 1.745M bbl |
| US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 2.035 USD/gal |
| US Oil Consumption | 18.98M bbl/d |
| US Oil Rig Count | 486.00 |
| US Residential Propane Price | 2.712 USD/gal |
| US Retail Diesel Price | 3.567 USD/gal |
| US Retail Gas Price | 3.24 USD/gal |
| WTI Crude Oil Spot Price | 67.84 USD/bbl |
| World Energy |
| Australia Coal Price | 106.93 USD/mt |
| Average Crude Oil Spot Price | 73.82 USD/bbl |
| Brent Crude Oil Spot Price | 71.93 USD/bbl |
| Dubai Fateh Crude Oil Spot Price | 80.80 USD/bbl |
| Japan Liquefied Natural Gas Import Price | 13.16 USD/MMBtu |
| OPEC Crude Oil Production | 28.85M bbl/d |
| US Liquefied Natural Gas Exports Price | 7.67 USD/thou cf |
| World Oil Consumption | 100.22M bbl/d |
| World Oil Production | 96.26M bbl/d |
| World Oil Rig Count | 665.00 |
| WTI Crude Oil Spot Price | 67.84 USD/bbl |