ResearchMarket2026-10-13
Brent–WTI Spread Sits at $12.64 as Seven-Grade Transshipment Gets Repriced
Brent and WTI both slipped $2.10, holding the spread near $12.6. SNSUC's seven-grade offshore resale (ESPO, Dubai, Oman, Urals, Basrah Light, Bonny Light, Lula) is priced off Brent, and the wide spread opens an arbitrage lane for US grades into Asia.