Brent-WTI crude spread Loading... : Investor Sentiment and Bull/Bear Views
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18:54
Jun 23
Jun 23
Hormuz closure widens Brent-WTI spread.
In a Strait of Hormuz closure, Doomberg expects the global oil market to fragment and the WTI-Brent spread to blow out. He reasons the US would likely restrict or shut in crude and refined product exports to keep domestic prices down, while Europe and other importers would pay higher seaborne Brent-linked prices.
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About Brent-WTI crude spread Investor Commentary
Across the available history and selected sources, Buzzberg tracks Brent-WTI crude spread across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Doomberg.