WTI discount drops on pipeline reversalEIA says differential to refiner acquisition cost down to $3 per barrel by end of 2012, based on announced Seaway pipeline reversal Kristen Nelson Petroleum News
West Texas Intermediate, or WTI, crude oil has been trading at a discount to refiner acquisition cost, or RAC, for most of 2011.
This is contrary to the traditional relationship, the U.S. Energy Information Administration said Dec. 6 in its Short-Term Energy Outlook, and is expected to change based....
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Global trend Crude supply Crude oil price up Natural gas
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