Brent WTI Spread (I:BWTIS)
Basic Info
|
Brent WTI Spread is at a current level of 2.27, up from 1.36 the previous market day and up from 0.58 one year ago. This is a change of 66.91% from the previous market day and 291.4% 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 | 2.27 |
| Latest Period | May 19 2025 |
| Last Updated | May 21 2025, 12:03 EDT |
| Average Growth Rate | -2.85K% |
| Value from The Previous Market Day | 1.36 |
| Change from The Previous Market Day | 66.91% |
| Value from 1 Year Ago | 0.58 |
| Change from 1 Year Ago | 291.4% |
| 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 |
|---|---|
| May 19, 2025 | 2.27 |
| May 16, 2025 | 1.36 |
| May 15, 2025 | 1.33 |
| May 14, 2025 | 1.43 |
| May 13, 2025 | 1.89 |
| May 12, 2025 | 1.96 |
| May 09, 2025 | 1.89 |
| May 08, 2025 | 0.97 |
| May 07, 2025 | 0.89 |
| May 06, 2025 | 1.95 |
| May 02, 2025 | 1.90 |
| May 01, 2025 | 1.78 |
| April 30, 2025 | 3.82 |
| April 29, 2025 | 2.20 |
| April 28, 2025 | 2.83 |
| April 25, 2025 | 3.14 |
| April 24, 2025 | 3.95 |
| April 23, 2025 | 5.62 |
| April 22, 2025 | 4.33 |
| April 17, 2025 | 4.26 |
| April 16, 2025 | 5.06 |
| April 15, 2025 | 4.84 |
| April 14, 2025 | 5.19 |
| April 11, 2025 | 4.92 |
| April 10, 2025 | 4.80 |
| Date | Value |
|---|---|
| April 09, 2025 | 4.67 |
| April 08, 2025 | 4.82 |
| April 07, 2025 | 5.08 |
| April 04, 2025 | 5.94 |
| April 03, 2025 | 5.11 |
| April 02, 2025 | 5.15 |
| April 01, 2025 | 6.17 |
| March 31, 2025 | 5.36 |
| March 28, 2025 | 4.95 |
| March 27, 2025 | 4.42 |
| March 26, 2025 | 4.55 |
| March 25, 2025 | 4.30 |
| March 24, 2025 | 4.50 |
| March 21, 2025 | 4.12 |
| March 20, 2025 | 4.06 |
| March 19, 2025 | 4.54 |
| March 18, 2025 | 4.44 |
| 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 |
News
Basic Info
|
Brent WTI Spread is at a current level of 2.27, up from 1.36 the previous market day and up from 0.58 one year ago. This is a change of 66.91% from the previous market day and 291.4% 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 | 2.27 |
| Latest Period | May 19 2025 |
| Last Updated | May 21 2025, 12:03 EDT |
| Average Growth Rate | -2.85K% |
| Value from The Previous Market Day | 1.36 |
| Change from The Previous Market Day | 66.91% |
| Value from 1 Year Ago | 0.58 |
| Change from 1 Year Ago | 291.4% |
| 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 | 2.96 USD/MMBtu |
| Mont Belvieu Propane Spot Price | 0.774 USD/gal |
| US Crude Oil Imports | 6.089M bbl/d |
| US Crude Oil Production | 368.46M bbl |
| US Crude Oil Stocks WoW | 1.328M bbl |
| US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 1.968 USD/gal |
| US Oil Consumption | 18.98M bbl/d |
| US Oil Rig Count | 465.00 |
| US Residential Propane Price | 2.518 USD/gal |
| US Retail Diesel Price | 3.536 USD/gal |
| US Retail Gas Price | 3.302 USD/gal |
| WTI Crude Oil Spot Price | 63.98 USD/bbl |
| World Energy |
| Australia Coal Price | 98.61 USD/mt |
| Average Crude Oil Spot Price | 65.90 USD/bbl |
| Brent Crude Oil Spot Price | 66.25 USD/bbl |
| Dubai Fateh Crude Oil Spot Price | 72.98 USD/bbl |
| Japan Liquefied Natural Gas Import Price | 12.43 USD/MMBtu |
| OPEC Crude Oil Production | 29.00M bbl/d |
| US Liquefied Natural Gas Exports Price | 8.43 USD/thou cf |
| World Oil Consumption | 100.22M bbl/d |
| World Oil Production | 96.26M bbl/d |
| World Oil Rig Count | 659.00 |
| WTI Crude Oil Spot Price | 63.98 USD/bbl |