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What is the Current Price of Oil? Well It Depends Who’s Asking - Energy News Beat
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What is the Current Price of Oil? Well It Depends Who’s Asking - Energy News Beat
In the energy markets, there’s no single “oil price” anymore — and today’s fractured reality proves it. As highlighted in a sharp analysis posted this morning by commodity trader Jack Prandelli, the spreads tell the real story: Forties (physical) → $134 Dated Brent (physical) → $116 Brent futures → $99 WTI → $87 Canadian crude → $72 That’s not one market. That’s fragmentation on steroids. Paper vs. Physical: Two Completely Different Worlds“Paper…
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