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WTI Prompt Spread Highest Since March

OIL

Crude and time spreads steady with Brent back up nearly 1% on the day after falling 11% over the previous two days.

  • Tight physical supply is keeping the Brent prompt spread just below recent highs and WTI 1-2 is trading up to the highest since early March.
  • Brent SEP 22 up 0.8% at 101.52$/bbl
  • WTI AUG 22 up 0.9% at 99.37$/bbl
  • Gasoil JUL 22 down -2.4% at 1056.75$/mt
  • WTI-Brent down -0.2$/bbl at -5.75$/bbl
  • Brent SEP 22-OCT 22 up 0.09$/bbl at 3.69$/bbl
  • Brent DEC 22-DEC 23 up 0.21$/bbl at 9.64$/bbl
  • WTI AUG 22-SEP 22 up 0.05$/bbl at 3.6$/bbl
  • WTI DEC 22-DEC 23 up 0.13$/bbl at 10.21$/bbl

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