Disinflation strikes, but why now?  - Marketintelligencecenter.com

Disinflation strikes, but why now?


After a pause of a few days, the price of West Texas Intermediate crude oil is falling again this Monday morning, and the price of Brent crude oil is falling even faster, brining the spread between the two to less than $3 dollars, a level unseen since the two prices began to diverge in early 2011. Paradoxically, the abundance of West Texas Intermediate caused both the widening, and the narrowing of the spread, as it first eroded the scarcity of West Texas Intermediate, but has now caused world energy markets to settle on the highly abundant... Read More



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