All posts for Brent-WTI

Global Shifts in Floating Storage Visible

Global 10-day floating inventories, excluding Europe and Africa, drew between August 13 and 20. The 10-day floating storage helps monitor congestion at ports, which is now at its lowest level since February 26 of this year. The Middle East Gulf registered a draw for the 10-day idle period and a bui ...


Posted 2 years agoOpinion > floating storageChinese Floating StorageChina +9

Transportation Constraints and Export Costs Widen The Brent-WTI Crude Oil Price Spread

Source: U.S. Energy Information Administration, Short-Term Energy Outlook In its November Short-Term Energy Outlook (STEO), EIA forecasts the price difference between West Texas Intermediate (WTI) crude oil priced at Cushing, Oklahoma, and Brent, the global crude oil price benchmark, to ...

OilVoice Press - OilVoice

Posted 3 years agoOpinion > United StatesEIAEnergy Information Administration EIA +5

U.S. Crude Exports Benefit from Perfect Storm of Factors

Recent crude exports from the U.S. have represented a doubling of flows out of the country in just a couple of months. While a sizeable increase was expected, it is not clear that exports can be sustained at 2.0 million b/d, says ESAI Energy in its recent 2-year Global Crude Oil Outlook. Crude expor ...

OilVoice Press - OilVoice

Posted 3 years agoOpinion > United StatesESAI EnergyCrude oil +3