Brent-WTI needs to stay inside committed shipper rates or even "flirting with inverting" if WTI barrels are to stay in Cushing. This incentivizes international cargoes into the USEC/USGC and keeps mid-continent barrels in Cushing. This can last as long as there is an implied global build in stocks and space available in Cushing.
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Inform | Jan 2015
Brent-WTI Differential: Flirting with Inverting
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