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| Name | Difference between Brent and WTI crude oil |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 21-04-2020 08:52:02 |
| Video Discription | US crude oil futures traded in the negative territory for the first time in history, as low demand because of the COVID-19 pandemic has led to a supply glut. On April 20, West Texas Intermediate (WTI) traded 306 percent lower to settle at -$37.63 a barrel, after going as low as -$40.32. The cost of Brent crude, the international benchmark, was higher since more storage space is available across multiple locations, making deliveries easier. Brent slid 9 percent on April 20, settling at $25.57 a barrel. Watch the video to know the difference between Brent crude and WTI crude oil Follow us: Website: https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ #moneycontrol |
| Category | News & Politics |
| Tags | brent | brent crude | crude oil | WTI crude | oil prices | OPEC | opec countries | india | brent crude oil | business | world | investopedia | West Texas Intermediate | American Petroleum Institute | gravity | API gravity | Organisation of Petroleum Exporting Countries | difference between brent and wti | brent vs wti | Brent wti difference | wti crude | wti | us oil futures | west texas intermediate | difference between Brent crude and wti crude oil | difference between Brent crude and wti crude |
