ResearchMarket2026-11-04
Mild Two-Sided Dip: Brent Falls 1.52%, Outpacing WTI's 0.75%, Narrowing Spread to $7.44
Both crude benchmarks slipped, but the drop was uneven. WTI's relative resilience pulled the Brent–WTI spread down to $7.44. The onshore listing basis — Brent times the USD/CNY rate times 7.33 times grade — resets to roughly ¥5,044/t, reshuffling the seven-grade landed-cost ladder.
