A atrocious Feb 21, 2011 #1 Anyone know why April Brent/WTI imploded on Libya today when just two weeks ago it was widening on Egyptian tensions? Also a wild move in the WTI J/K calendar.
Anyone know why April Brent/WTI imploded on Libya today when just two weeks ago it was widening on Egyptian tensions? Also a wild move in the WTI J/K calendar.
M mizhael Feb 22, 2011 #4 Quote from Joman: This is the second largest oil producer in Africa after Nigeria. More... but those are exported mainly to Europe... why did impact WTI more than Brent?
Quote from Joman: This is the second largest oil producer in Africa after Nigeria. More... but those are exported mainly to Europe... why did impact WTI more than Brent?
bone Feb 22, 2011 #5 Almost certainly a reflection of the recent spec short interest built up in WTI.
D Daxspreader Feb 23, 2011 #6 WTI-Brent spread back at -13.30. Moved a dollar down in the closing hour........
