Chart is the ratio of WTI/Brent

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)

Relevant articles picked from the Web:

• Collapse in Brent-WTI oil spread spooks refiners, railways — FP — May 10, 2013
• Canada Crude Gains on Expectation of Demand Increase at Whiting — Bloomberg — May 8, 2013
• WTI-Brent spread narrows to $8 as Cushing glut vanishes — FP — May 8, 2013
• Canada’s oil industry can’t seem to catch a break — WSJ — April 9, 2013
• Canadian Heavy Crude Jumps to Six-Month High on Spring Breakup — Bloomberg — April 5, 2013

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