RE: Defying the Gravity!20 Apr 2020 16:14
bunks....I am not talking about if you know the difference between the two or not or it’s relevance.
WTI historically was very relevant and Brent was trading at less in the past and they were moving in tandem together but this movement is now is over until the balance is achieved...
WTI price is related to shale destruction as you guessed but no longer is to Brent as before but once the balance of demands and supplies of sweet oil is achieved they they will go again together..
Just imo