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More OPEC production and higher global natural gas prices widen crude oil price spreads

Monday, December 6, 2021   (0 Comments)
Posted by: Annie Nguyen

More OPEC production and higher global natural gas prices widen crude oil price spreads

3 Dec 2021

EIA Release

 

Recently, prices of high-sulfur crude oils have been declining relative to low-sulfur crude oils. Rising crude oil exports from OPEC members that produce higher-sulfur crude oils, also called sour crude oils, and higher natural gas prices have contributed to...

 

https://www.eia.gov/todayinenergy/detail.php?id=50537


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