TITLE

The WTI-Brent Spread: Examining the Factors Behind It

AUTHOR(S)
Akacem, Mohammed; Pence, Norman E.
PUB. DATE
December 2015
SOURCE
Business Education Innovation Journal;Dec2015, Vol. 7 Issue 2, p155
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The goal of this paper is to examine and analyze the factors that explain the WTI-Brent spread. Historically these two benchmarks moved in tandem with very small differences between them but in the recent past, they started to diverge. An objective of this paper is to provide a learning opportunity for students taking classes in energy economics and students taking classes in econometrics or forecasting.
ACCESSION #
112137217

 

Related Articles

  • Physical Markets, Paper Markets and the WTI-Brent Spread. Büyükşahin, Bahattin; Lee, Thomas K.; Moser, James T.; Robe, Michel A. // Energy Journal;2013, Vol. 34 Issue 3, p129 

    We document that, starting in the Fall of 2008, the benchmark West Texas Intermediate (WTI) crude oil has periodically traded at unheard-of discounts to the corresponding Brent benchmark. We further document that this discount is not reflected in spreads between Brent and other benchmarks that...

  • Our oil stocks should steer out of skid; BP takes huge hit.  // Dow Theory Forecasts;9/15/2014, Vol. 70 Issue 37, p6 

    The article reports on the state of oil stocks in the U.S. It relates that the global oil benchmark Brent crude has slumped to its lowest price since May 2013. Moreover, the U.S. oil benchmark West Texas Intermediate Inc. (WTI) has declined in sympathy with global prices to a seven-month low in...

  • Tech Talk: WTI on launch pad. Wienke, David // Futures: News, Analysis & Strategies for Futures, Options & Deri;Feb2012, Vol. 41 Issue 2, p22 

    Statistics are presented depicting the price and demand of crude oil analyzed by West Texas Intermediate (WTI) Inc.

  • Disconnect at the Pump. Ni Zhu, Julie // Research Reports: American Institute for Economic Research;11/7/2011, Vol. 78 Issue 19, p4 

    The article offers the author's insights on the discrepancy between the often quoted price for crude oil and the increase of gasoline prices. She says that the discrepancy is not the result of some evil plot of oil companies and speculators, but to the fact that there is more than one oil price....

  • Energy and minerals overview: Oil. Cuevas-Cubria, Clara // Australian Commodities;9/ 1/2010, Vol. 17 Issue 3, p534 

    The article reports on the global condition of oil prices. It notes that oil prices have continued to be stable over the first half of 2010. According to West Texas Intermediate Inc. (WTI) terms, oil price is about 78 dollars a barrel. It mentions that the stable price is influenced by the...

  • S&P Equity Research Raises Oil Price Forecast.  // Pipeline & Gas Journal;Feb2006, Vol. 233 Issue 2, p4 

    The article reports that S&P Equity Research has advanced its oil price forecast in Texas. Through the use of data from Global Insight Inc., the firm raised its annual West Texas Intermediate Inc.(WTI) oil price from year 2005 to 2007 by 0.61 to 49 dollars. While, the Henry Hub bid week price...

  • Take $10 Off The Price of Oil. Hanke, Steve H. // Forbes Global;11/29/2004, Vol. 7 Issue 21, p62 

    Presents views on an increase in oil prices since 2001. Information on the price behavior of West Texas Intermediate crude oil; Factors that contribute to the price increase; Effect of the U.S. government's buildup of oil stocks on oil prices.

  • Imagining $100-a-barrel oil this winter or hoping for less?  // MEED: Middle East Economic Digest;8/18/2006, Vol. 50 Issue 33, p48 

    This article discusses the impact of Israel's Hizbollah war on oil prices. The rise of oil prices to $240 a barrel in 2007 is the consequence of the closure of the Strait of Hormuz in an extreme regional crisis. This is the most radical of four scenarios projected by S&P chief economist David...

  • Oil pressure continues. Robinson, Simon // European Chemical News;10/18/2004, Vol. 81 Issue 2120, p7 

    Reports on the impact of oil prices on the chemicals industry in Europe as October 18, 2004. Prices of crude products from Brent and West Texas Intermediate; Factors that affect oil prices.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics