“WTI keeps catching up to Brent as US reserves run down: Cushing draws and record SPR releases hold a floor under the US barrel even as the Hormuz premium fades.”
“the gap between Brent and WTI is closing... brought this WTI to Brent spread in, which as a longer-term play, I think if we're running our reserves down... I would think some sort of premium stays in here”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.