usually I observed that there is a 2-5% discount in WTI crude against brent.
but, now getting to see premium in WTI.
any particular reason n it happens regularly?
usually I observed that there is a 2-5% discount in WTI crude against brent.
but, now getting to see premium in WTI.
any particular reason n it happens regularly?
The spot market is trading at a $2 difference. I’m guessing the price in futures market could be because of the contract roll.