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Oil Alerts
Crude Alert - WTI/Brent – US crudes undervalued based on current fundamentals
Published: 21 April, 2021
Highlights:
- WTI/Brent – Summary: diff seen narrowing in next few months, but then widening again in 2H
- US crude exports facing a squeeze through rest of 2Q
- US/Europe balances to flip-flop in 3Q: downwards pressure on WTI, support for Brent
- Cushing pipelines running on empty – tariffs to remain ...
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