$20 difference in the two prices for a barrel of crude oil

[dumpthemonarchy]

$120.45 Brent price of a barrel of crude oil sold in Africa, Asia and Europe today

$101.91 WTI price of a barrel of crude oil sold in Canada today



Energy & Oil Prices: Natural Gas, Electricity and Oil - Bloomberg

 

[B00Mer]

...and our gas prices are still going up. Thank God we don't charge $20 more.. blood money no doubt.

 

[dumpthemonarchy]

Brent 120.06 Asia, Europe, African price
WTI 102.70 Canada (losing billions each year)

 

[petros]

OOOOOOOooooo you've stumbled across the obvious. Good for you dumpy!

 

[L Gilbert]

wow You mean market prices vary from region to region? Oh, there's a shocker.

 

[petros]

Brent 120.06 Asia, Europe, African price
WTI 102.70 Canada (losing billions each year)

What is today's price for Hardisty heavy?

 

[dumpthemonarchy]

Aluminum .9301 .9217 -.0084 .9480 .9389 -.0091 Al Alloy .8913 .8888 -.0025 .9026 .8981 -.0045 NASAAC .9326 .9324 -.0002 .9485 .9480 -.0005 Copper 3.7449 3.6877 -.0572 3.7317 3.6764 -.0553 Lead .9244 .9083 -.0161 .9249 .9081 -.0168 Nickel 8.1692 8.0876 -.0816 8.2055 8.1193 -.0862 Tin 10.3646 10.2467 -.1179 10.4326 10.2739 -.1587 Zinc .9063

Current "global" price for commodities. metalprices.com

 

[petros]

Aluminum .9301 .9217 -.0084 .9480 .9389 -.0091 Al Alloy .8913 .8888 -.0025 .9026 .8981 -.0045 NASAAC .9326 .9324 -.0002 .9485 .9480 -.0005 Copper 3.7449 3.6877 -.0572 3.7317 3.6764 -.0553 Lead .9244 .9083 -.0161 .9249 .9081 -.0168 Nickel 8.1692 8.0876 -.0816 8.2055 8.1193 -.0862 Tin 10.3646 10.2467 -.1179 10.4326 10.2739 -.1587 Zinc .9063

Current "global" price for commodities. metalprices.com

Hardisty heavy is a mineral?

 

[TenPenny]

Not only across regions, but oddly enough, different products sell at different prices.

Brent is not West Texas Intermediate.

They are different products.

 

[dumpthemonarchy]

Brent $121.73
WTI $103.13 Canada sells at the lower price.

 

[captain morgan]

Brent $121.73
WTI $103.13 Canada sells at the lower price.

Build the pipeline out to Kitimat and you be able to sell into the Brent markets.

 

[petros]

Brent is a North Sea blend. I guess we should move our fields to the North Sea and then sell as Brent?

 

[dumpthemonarchy]

We will never sell most of our oil to Asia or Europe.

 

[petros]

Those are the only two continents you can spell?

 

[dumpthemonarchy]

Two "world" oil prices in the so-called "global" economy:

$ 118.26 Brent (rest of the world)
$ 103.16 Canada

 

[TenPenny]

I have a weird feeling that chicken breast sell for a different price than pork chops.

 

[Liberalman]

This is why?

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