Simple Qs: Oil

Q: Brent vs WTI
– WTI is lighter and sweeter
– Delivery is more convenient for Brent, since it is extracted from sea
– Increase in WTI supply due to shale revolution, decrease in north sea production
– Tensions within EU or ME, between US and ME -> spread increase pic.twitter.com/tnE0BFVSSH

— Business POV (@BizPOV) October 25, 2023