Spot prices at the Permian’s main hub in Midland, Texas, are trending among three-year lows. Its differential on August 25, 2014, was roughly $8 below the West Texas Intermediate (WTI) price and approximately $17 below the Brent spot price. The growing differential between the two chief spot prices has widened in the midst of growing supply in the United States and political unrest overseas.
Details: http://www.oilandgas360.com/midland-oil ... c-26401157
W TX oil price differentials
W TX oil price differentials
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group