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Gold/Mining/Energy : Big Dog's Boom Boom Room

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LoneClone

To: Dennis Roth who wrote (181144)	10/30/2013 6:22:47 AM
From: Dennis Roth	2 Recommendations Read Replies (1) of 206099

Energy Weekly Brent-WTI should narrow as LLS rebounds vs. Brent and LLS-WTI moves to parity, but there are risks before year-end 28 October 2013 ¦ 13 pages ir.citi.com The Brent-WTI price differential has blown out recently, but should narrow in November, though there are risks through to year-end. Brent-WTI moved from over $25 at times in 4Q’12 to parity in 3Q’13 as Cushing was progressively debottlenecked. But in recent weeks, Brent-WTI has blown back out to ~$10. Cushing stocks have even risen for the last two weeks after sustained draws since early summer, as more crude has arrived from the Permian Basin.

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