Citi’s commodity research team just released a densely-packed note that breaks down the US oil transportation system reorganization currently underway and models potential market impacts associated with shifting crude and product flow patterns. Global oil price benchmark crude West Texas Intermediate (WTI) traded at a slight premium to the world’s other major benchmark, Brent, for… Keep reading → Tags: Bakken, Brent, Crude Oil, Oil, Oil Prices, Oil Sands, Permian Basin, Pipelines, Tank Cars, WTI

Citi Sees Brent-WTI Oil Price Spread Narrow ‘For a While’
