WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe

An average spread between the nearest common month to delivery contracts for Brent futures prices and West Texas Intermediate (WTI) futures of $10.77 per barrel during Q1 2010 has impacted how some analyse the market. It has also impacted how some characterise the market, including various ex cathed...

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Bibliographic Details
Main Author: Levin, B
Format: Journal article
Language:English
Published: Oxford Institute for Energy Studies 2011
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author Levin, B
author_facet Levin, B
author_sort Levin, B
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description An average spread between the nearest common month to delivery contracts for Brent futures prices and West Texas Intermediate (WTI) futures of $10.77 per barrel during Q1 2010 has impacted how some analyse the market. It has also impacted how some characterise the market, including various ex cathedra pronouncements about benchmarks. During Q1 2010, however, the market asserted its indifference to pronouncements, as it has previously done. We can learn from this indifference or, at least try.
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spelling oxford-uuid:03ca5ca9-7c7c-4dcf-a96c-a08dcc87198c2022-03-26T08:48:16ZWTI and Brent Benchmarks: the relative value of crude oil between North America and Europe Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:03ca5ca9-7c7c-4dcf-a96c-a08dcc87198cEnglishOxford University Research Archive - ValetOxford Institute for Energy Studies2011Levin, BAn average spread between the nearest common month to delivery contracts for Brent futures prices and West Texas Intermediate (WTI) futures of $10.77 per barrel during Q1 2010 has impacted how some analyse the market. It has also impacted how some characterise the market, including various ex cathedra pronouncements about benchmarks. During Q1 2010, however, the market asserted its indifference to pronouncements, as it has previously done. We can learn from this indifference or, at least try.
spellingShingle Levin, B
WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title_full WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title_fullStr WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title_full_unstemmed WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title_short WTI and Brent Benchmarks: the relative value of crude oil between North America and Europe
title_sort wti and brent benchmarks the relative value of crude oil between north america and europe
work_keys_str_mv AT levinb wtiandbrentbenchmarkstherelativevalueofcrudeoilbetweennorthamericaandeurope