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Brent-WTI Moves Higher As The Temperature Rises Between The US And Iran

Brent-WTI Moves Higher As The Temperature Rises Between The US and Iran

April 24, 2019

Crude oil has been moving higher since the end of December, but the energy commodity received a boost on April 22 when the US announced that there will be no extension of exemptions for eight countries that purchase oil from Iran when the current exemptions expire in May. In my latest work for Seeking Alpha, I highlight in the oil market and the Brent-WTI spread which is telling is that Brent is likely to continue outperforming WTI while both continue to move to new highs.

Article: Brent-WTI Moves Higher As The Temperature Rises Between The US and Iran

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