Brent WTI Spread (I:BWTIS)
Level Chart
Basic Info
Brent WTI Spread is at a current level of 3.48, down from 4.17 the previous market day and down from 5.50 one year ago. This is a change of -16.55% from the previous market day and -36.73% 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 | 3.48 |
Latest Period | Apr 22 2024 |
Last Updated | Apr 24 2024, 10:34 EDT |
Average Growth Rate | -2.93K% |
Value from The Previous Market Day | 4.17 |
Change from The Previous Market Day | -16.55% |
Value from 1 Year Ago | 5.50 |
Change from 1 Year Ago | -36.73% |
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 |
---|---|
April 22, 2024 | 3.48 |
April 19, 2024 | 4.17 |
April 18, 2024 | 4.84 |
April 17, 2024 | 5.96 |
April 16, 2024 | 5.14 |
April 15, 2024 | 4.63 |
April 12, 2024 | 6.66 |
April 11, 2024 | 5.70 |
April 10, 2024 | 4.59 |
April 09, 2024 | 6.09 |
April 08, 2024 | 4.49 |
April 05, 2024 | 5.12 |
April 04, 2024 | 2.95 |
April 03, 2024 | 4.38 |
April 02, 2024 | 1.68 |
March 28, 2024 | 2.21 |
March 27, 2024 | 2.79 |
March 26, 2024 | 3.50 |
March 25, 2024 | 3.77 |
March 22, 2024 | 3.77 |
March 21, 2024 | 2.93 |
March 20, 2024 | 2.98 |
March 19, 2024 | 2.97 |
March 18, 2024 | 2.79 |
March 15, 2024 | 3.45 |
Date | Value |
---|---|
March 14, 2024 | 4.00 |
March 13, 2024 | 3.28 |
March 12, 2024 | 5.15 |
March 11, 2024 | 4.57 |
March 08, 2024 | 5.33 |
March 07, 2024 | 5.07 |
March 06, 2024 | 6.51 |
March 05, 2024 | 6.71 |
March 04, 2024 | 6.91 |
March 01, 2024 | 3.92 |
February 29, 2024 | 5.35 |
February 28, 2024 | 4.64 |
February 27, 2024 | 4.00 |
February 26, 2024 | 5.48 |
February 23, 2024 | 6.58 |
February 22, 2024 | 6.20 |
February 21, 2024 | 5.88 |
February 20, 2024 | 6.06 |
February 16, 2024 | 5.23 |
February 15, 2024 | 5.86 |
February 14, 2024 | 7.32 |
February 13, 2024 | 6.44 |
February 12, 2024 | 6.54 |
February 09, 2024 | 6.32 |
February 08, 2024 | 6.34 |
Basic Info
Brent WTI Spread is at a current level of 3.48, down from 4.17 the previous market day and down from 5.50 one year ago. This is a change of -16.55% from the previous market day and -36.73% 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 | 3.48 |
Latest Period | Apr 22 2024 |
Last Updated | Apr 24 2024, 10:34 EDT |
Average Growth Rate | -2.93K% |
Value from The Previous Market Day | 4.17 |
Change from The Previous Market Day | -16.55% |
Value from 1 Year Ago | 5.50 |
Change from 1 Year Ago | -36.73% |
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 | 1.59 USD/MMBtu |
Mont Belvieu Propane Spot Price | 0.775 USD/gal |
US Crude Oil Imports | 6.497M bbl/d |
US Crude Oil Production | 388.53M bbl |
US Crude Oil Stocks WoW | -6.368M bbl |
US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 2.525 USD/gal |
US Oil Consumption | 19.14M bbl/d |
US Oil Rig Count | 506.00 |
US Residential Propane Price | 2.567 USD/gal |
US Retail Diesel Price | 3.992 USD/gal |
US Retail Gas Price | 3.791 USD/gal |
WTI Crude Oil Spot Price | 83.82 USD/bbl |
World Energy |
Australia Coal Price | 131.49 USD/mt |
Average Crude Oil Spot Price | 83.55 USD/bbl |
Brent Crude Oil Spot Price | 87.30 USD/bbl |
Dubai Fateh Crude Oil Spot Price | 86.63 USD/bbl |
Japan Liquefied Natural Gas Import Price | 13.54 USD/MMBtu |
OPEC Crude Oil Production | 28.67M bbl/d |
US Liquefied Natural Gas Exports Price | 6.89 USD/thou cf |
World Oil Consumption | 97.31M bbl/d |
World Oil Production | 93.85M bbl/d |
World Oil Rig Count | 741.00 |
WTI Crude Oil Spot Price | 83.82 USD/bbl |