Does anyone have any insight to why the premium of Brent over WTI has been closing .
I know the premium was there because of where the oil was priced rather than a quality difference in the oil , as WTI is slightly sweeter and of higher gravity than Brent .
Does it mean that the infrastructure bottlenecks in the US are clearing or is there another reason ?
Has the LL premium to WTI been closing too ?
LL does have a clear higher quality than WTI unlike Brent .
A bit off topic I know .
Sensational Hit Rate but, ..., page-12
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