.20 Apr 2020 20:55
Brent crude is priced in the middle of the North Sea, where tanker storage is ample and accessible, while WTI oil storage in the U.S. is limited as well as landlocked, making transportation relatively more difficult.
Brent won't see the same fate at WTI.
Sorry derampers you may see a 5-10%fluctuation eitherway but no 7p or whatever the price you guys sniffing at.