Brent has held at elevated levels while WTI trails it by an unusually wide margin, with Brent closing at or above $100 on 12 of the 20 sessions shown. The gap was far narrower on September 8. For Canada the difference matters because producers measure their results against WTI, so they capture only part of the premium tied to Strait of Hormuz disruption. Spreads quoted by other outlets differ with contract month and time of day.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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