Question 14 of 73 in In the News 2021
Started Nov 13, 2020 06:00PM UTC   •   Closing Feb 12, 2021 08:01PM UTC

SE_Meyer asks:

Between 13 November 2020 and 12 February 2021, will the closing price per barrel of WTI crude oil be higher than the closing price per barrel of Brent crude oil?

West Texas Intermediate (WTI) is a benchmark price for oil in the U.S., while Brent is a benchmark price for oil from the North Sea (Investopedia). The spread, or difference, between the price of the two is an important metric in energy markets (Oil Price, CME Group). The outcome will be determined using futures prices as provided by Bloomberg (WTI: Bloomberg - WTI, Brent: Bloomberg - Brent).

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Name Probability
Yes 2%

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