GREY:PSLRF - Post by User
Comment by
RIG500on Jan 04, 2013 11:12am
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Post# 20797539
RE: RE: RE: Level 2
RE: RE: RE: Level 2 For WTI to plunge, Brent would have to plunge. Brent is supported by all the geopolitical uncertainty in the middle east. Expanded Seaway pipeline begins pumping next week more than 400,000 bopd and major refinery coming back online in the south (Motiva). Maybe we might see smaller WTI-BRent discounts in a couple of weeks. A plunge is just not that likely but who knows....(inventory dropped more than 11 million barrels today ...)