why is wti brent spread narrowing?
237846
As U.S. exports continue to rise, the price gap between WTI and Brent has sharply narrowed. The premium that Brent traded at relative to WTI used to run in the double digits. The spread was the result of surging shale output that ended up trapped in the U.S. because of a ban on crude exports.
922741
Since the oil in WCS is much heavier than WTI (which is a light oil), and further away from main markets, WCS is priced at a further discount to WTI. ... (This includes the diluent cost used to make the bitumen flow in the pipeline and the pipeline cost.) The resulting price is known as the “bitumen netback”.
260841
The efficient frontier is curved because there is a diminishing marginal return to risk. Each unit of risk added to a portfolio gains a smaller and smaller amount of return.
493174
Low energy prices generally lead to a pullback in drilling activity. And that means less work for Schlumberger, which is why investors started to push its shares lower in January. When the February market swoon finally took hold, it was just more of the same for the company.
1428437
Location: Brent Blend is a combination of crude oil from 15 different oil fields in the North Sea. It is less “light” and “sweet” than WTI, but still excellent for making gasoline. ... WTI is also known as Light Sweet Crude, the majority of which is located in the Permian oil Field.
1063985
NinjaTrader won the 2016 True Edge Futures Broker of the forex brokers that use kwd currency Year . Also, c&f handelskontor since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
1374840
US oil prices turned negative for the first time in history on Monday amid the deepest fall in demand in 25 years. A flood of unwanted oil in the market caused the West Texas Intermediate (WTI), the benchmark price for US oil, to plummet to almost –$40 a barrel after the fastest plunge in history.
208168
WTI crude oil is sourced in North America, primarily from Texas, whereas Brent Crude is sourced from oil fields in the North Sea, near Norway. Brent has unlimited storage capacity for oil producers because it's produced at sea.
290710
Since the oil in WCS is much heavier than WTI (which is a light oil), and further away from main markets, WCS is priced at a further discount to WTI. Other oil streams produced from the oil sands are also priced at a discount to WTI or WCS.
21200
Both oils are relatively light, but Brent has a slightly higher API gravity, making WTI the lighter of the two. ... Brent crude price is the international benchmark price used by the Organisation of Petroleum Exporting Countries (OPEC), while WTI crude price is a benchmark for US oil prices.
493076
The input cost to the company is not coming down, which implies that company profits will be hugely impacted. Also the demand is mellowed down, which means that sales also may be impacted. It is these apprehensions that are driving the shares of HEG down.
58470
['Choose your market – Choose the commodity, such as Crude Oil Brent, Gold or Natural Gas, that you want to spread bet or trade CFDs on.', 'Decide to buy or sell – Buy (go long) if you think prices will rise, or sell (go short) if you think prices will go down.']
1187876
FTSE 100 stocks sink as oil prices fall FTSE 100 stocks slumped in morning trading after the Fed's dire set of numbers tallied with grim economic forecasts across Europe. Falling oil prices today also contributed to a decline in keystone FTSE stocks BP and Shell.
807137
Assume that the correlation between crude oil futures and the spot price of jet fuel is 0.95, which is a high degree of correlation. Further assume the standard deviation of crude oil futures and spot jet fuel price is 6% and 3%, respectively. Therefore, the minimum variance hedge ratio is 0.475, or (0.95 * (3% / 6%)).
1300332
['YTD outperformance vs. market: +77.30% vs. ... ', 'YTD outperformance vs. ... ', 'Historical big money signals.']
1291087
Unhappily, Byke Hospitality had to report a 30% decline in EPS over the last year. This reduction in EPS is not as bad as the 84% share price fall. So it seems the market was too confident about the business, a year ago. The P/E ratio of 4.62 also points to the negative market sentiment.
1289462
Image source: Getty Images. Low energy prices generally lead to a pullback in drilling activity. And that means less work for Schlumberger, which is why investors started to push its shares lower in January. When the February market swoon finally took hold, it was just more of the same for the company.