Brent WTI Spread (I:BWTIS)
Level Chart
Basic Info
Brent WTI Spread is at a current level of 2.19, down from 3.76 the previous market day and down from 4.00 one year ago. This is a change of -41.76% from the previous market day and -45.25% 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 | 2.19 |
Latest Period | Jul 22 2024 |
Last Updated | Jul 24 2024, 10:57 EDT |
Average Growth Rate | -2.93K% |
Value from The Previous Market Day | 3.76 |
Change from The Previous Market Day | -41.76% |
Value from 1 Year Ago | 4.00 |
Change from 1 Year Ago | -45.25% |
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 |
---|---|
July 22, 2024 | 2.19 |
July 19, 2024 | 3.76 |
July 18, 2024 | 2.09 |
July 17, 2024 | 1.60 |
July 16, 2024 | 4.68 |
July 15, 2024 | 3.20 |
July 12, 2024 | 3.86 |
July 11, 2024 | 2.57 |
July 10, 2024 | 3.16 |
July 09, 2024 | 3.70 |
July 08, 2024 | 3.52 |
July 05, 2024 | 4.22 |
July 03, 2024 | 3.06 |
July 02, 2024 | 4.19 |
July 01, 2024 | 1.87 |
June 28, 2024 | 4.43 |
June 27, 2024 | 3.96 |
June 26, 2024 | 3.57 |
June 25, 2024 | 4.84 |
June 24, 2024 | 4.12 |
June 21, 2024 | 4.71 |
June 20, 2024 | 2.58 |
June 18, 2024 | 2.12 |
June 17, 2024 | 1.12 |
June 14, 2024 | 2.08 |
Date | Value |
---|---|
June 13, 2024 | 1.83 |
June 12, 2024 | 0.96 |
June 11, 2024 | 1.27 |
June 10, 2024 | 0.84 |
June 07, 2024 | 1.59 |
June 06, 2024 | 1.10 |
June 05, 2024 | 0.33 |
June 04, 2024 | 1.06 |
June 03, 2024 | 1.19 |
May 31, 2024 | 1.44 |
May 30, 2024 | 2.46 |
May 29, 2024 | 1.26 |
May 28, 2024 | 0.44 |
May 24, 2024 | 0.44 |
May 23, 2024 | 1.78 |
May 22, 2024 | 0.75 |
May 21, 2024 | 0.56 |
May 20, 2024 | 0.52 |
May 17, 2024 | 0.58 |
May 16, 2024 | 0.80 |
May 15, 2024 | -0.25 |
May 14, 2024 | 1.38 |
May 13, 2024 | 2.47 |
May 10, 2024 | 3.58 |
May 09, 2024 | 2.41 |
News
Basic Info
Brent WTI Spread is at a current level of 2.19, down from 3.76 the previous market day and down from 4.00 one year ago. This is a change of -41.76% from the previous market day and -45.25% 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 | 2.19 |
Latest Period | Jul 22 2024 |
Last Updated | Jul 24 2024, 10:57 EDT |
Average Growth Rate | -2.93K% |
Value from The Previous Market Day | 3.76 |
Change from The Previous Market Day | -41.76% |
Value from 1 Year Ago | 4.00 |
Change from 1 Year Ago | -45.25% |
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 | 2.13 USD/MMBtu |
Mont Belvieu Propane Spot Price | 0.776 USD/gal |
US Crude Oil Imports | 6.871M bbl/d |
US Crude Oil Production | 397.43M bbl |
US Crude Oil Stocks WoW | -3.741M bbl |
US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 2.371 USD/gal |
US Oil Consumption | 18.98M bbl/d |
US Oil Rig Count | 482.00 |
US Residential Propane Price | 2.394 USD/gal |
US Retail Diesel Price | 3.779 USD/gal |
US Retail Gas Price | 3.587 USD/gal |
WTI Crude Oil Spot Price | 81.25 USD/bbl |
World Energy |
Australia Coal Price | 135.10 USD/mt |
Average Crude Oil Spot Price | 81.20 USD/bbl |
Brent Crude Oil Spot Price | 83.44 USD/bbl |
Dubai Fateh Crude Oil Spot Price | 84.67 USD/bbl |
Japan Liquefied Natural Gas Import Price | 12.11 USD/MMBtu |
OPEC Crude Oil Production | 28.87M bbl/d |
US Liquefied Natural Gas Exports Price | 5.46 USD/thou cf |
World Oil Consumption | 100.22M bbl/d |
World Oil Production | 96.26M bbl/d |
World Oil Rig Count | 727.00 |
WTI Crude Oil Spot Price | 81.25 USD/bbl |