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To: Dennis Roth who wrote (181144)10/29/2013 9:16:59 AM
From: Dennis Roth2 Recommendations

Recommended By
dvdw©
evestor

  Respond to of 206099
 
What’s Going On – Is ANS Disconnecting From Brent on the West Coast?
published by Sandy Fielden on Wed, 10/23/2013 - 20:00
rbnenergy.com



To: Dennis Roth who wrote (181144)10/30/2013 6:22:47 AM
From: Dennis Roth2 Recommendations

Recommended By
evestor
LoneClone

  Read Replies (1) | Respond to 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.