Widening Brent-WTI price spread unlikely to change current trends in East Coast crude oil supply (10/25/2017)

The difference between lower U.S. domestic crude oil prices and foreign crude oil prices in the past two months is at its largest since 2015. Despite the recently widening spread, flows of domestic oil into U.S. East Coast (Petroleum Administration for Defense District (PADD) 1) refineries are not anticipated to increase unless the discount widens further. ... More »