Question on the spread of WTI and Brent oil
Question on the spread of WTI and Brent oil
Is it normal to see a seven dollar spread between WTI and Brent? This just happened in the last couple days . My general observation has seen a 3-4 dollar maximal difference between the future prices. Is this related to currency exchange, supply-demand shifts or price manipulation by the Fed's intermediaries to create the illusion of controlling the "transitory" inflation. I'm an oil investing newbie on this forum so any thoughts would be greatly appreciated.