Tag Archives: brent

WTI and Brent 3-year weekly line chart

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Brent down 26% from June! WTI will test 80 and Brent 83?

Intermediate downtrend for WTI and Brent.

WTI and Brent 3-year Weekly Chart

Reference the last chart analysis for WTI and Brent published on Oct 8, 2014.

Reference my chart analysis published February 5, 2013 for historical numbers.

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

West Texas Intermediate (WTI) weekly chart

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Intermediate downtrend for WTI and Brent

WTI and Brent 3-Year weekly chart showing the differential and support levels.

WTI and Brent 3-Year Weekly Chart

For historical data and commentary, reference my chart analysis for WTI and Brent published February 5, 2013.

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“Keep it Simple!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

WTIC and Brent weekly chart

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What are the main points from this chart?

Chart of WTIC and Brent and the correlation coefficient.

Brent Crude

West Texas Intermediate

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“Keep it Simple”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

WTI/ Brent chart (2011-2014)

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Chart is the ratio of WTI/Brent

Chart showing the ratio of West Texas Intermediate to Brent

Reference the same chart from last year.

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2014 TradeOnline.ca

WTI-Brent spread narrows to $7.76

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Chart is the ratio of WTI/Brent
Weekly chart showing the ratio of WTI/Brent. It has narrowed significantly since the beginning of March as the glut in Cushing, Oklahoma continues to decline.

WTI/Brent Weekly Chart

Prices as of May 8, 2013

  • Differential Brent versus WTI for May 8, 2013 was $104.34 – $96.58 = $7.76
  • Price for Western Canadian Select on May 8, 2012 = $74.68
  • Brent versus WCS differential was $104.34 – $74.68 = $29.66
  • WTI versus WCS differential was $96.58 – $74.68 = $21.90

Prices as of February 5, 2013

  • Differential Brent versus WTI for February 5, 2013 was $116.52 – $96.65 = $19.87
  • Price for Western Canadian Select on February 5, 2012 = $66.74
  • Brent versus WCS differential was $116.52 – $66.74 = $49.78
  • WTI versus WCS differential was $96.65 – $66.74 = $29.91

Reference the last chart analysis for West Texas Intermediate Crude (WTIC)

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2013 TradeOnline.ca

West Texas Intermediate (WTI) crude chart analysis

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Chart highlights the differential between Brent and WTI
Three year chart for West Texas Intermediate and Brent crude highlighting the differential. Both products are in an intermediate uptrend.

WTI and Brent Crude 3-Year chart courtesy of StockCharts.com

Key points from the above chart:

  • WTI and Brent wide differential is a relatively recent development
  • Differential widened starting in 2011
  • Differential for February 5, 2013 was $116.52 – $96.65 = $19.87
  • Price for Western Canadian Select (not shown) on February 5, 2012 was $66.74
  • Brent versus WCS differential was $116.52 – $66.74 = $49.78
  • WTI versus WCS differential was $96.65 – $66.74 = $29.91

Reference a recent chart analysis for the U.S. and Canadian energy sectors.

Relevant articles picked from the Web:

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2013 TradeOnline.ca