ResearchMarket2026-10-05
Brent–WTI Spread Widens to $11.46, Repricing CIF Values Across Seven Transshipment Grades
On October 5 Brent settled at $101.772/bbl against WTI at $90.314, a $11.458 spread near a two-week high. CIF economics across the seven transshipment grades — ESPO, Dubai, Oman, Urals, Basrah Light, Bonny Light and Lula — are being repriced as a soft WTI and a widening Asian premium pull the arb apart.