Some interesting charts on WTI/Brent from the CME….

January 27, 2017 by Jim Colburn Leave a Comment

An article pulled of the CME website here (http://www.cmegroup.com/education/wti-and-the-changing-dynamics-of-global-crude-oil.html) written by Elizabeth Hui, Paul Wightman and Dan Brusstar, is supportive for WTI crude oil as the important futures contract in global trade:

“The new storage and pipeline infrastructure in the United States is so significant that it is likely to have a transformational impact on the crude oil market for years to come. These changes are likely to spur more trading in U.S. domestic grades and will magnify the role of WTI as a global benchmark.”

They include some excellent charts, some taken from analysis by Wood Mackenzie:

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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