now spread to whopping $ 15.10.
The spread of OPEC oil is now also whopping $ 10
The last time that we have a very short-term price differential of WTI ($ 32) and OPEC oil ($ 40) had was the winter of 2009, as the exaggeration of the oil, adopted by the dissolution of the yen carry trade, absurd proportions.
What happened at once then, we all know.
Those who think that "we still have air down "
, should bear in mind turn:
Gold was then at $ 850
The larger the spread is, the more speculators will jump up in the near future on the train and - most likely - WTI long walk and / or Brent Shorten because that's not listed OPEC oil seems completely unbeindruckt above the desired mark of the cartel to hold.
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