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- May WTI Brent arb
March 10,2026
Overview
Today's high of -$4.87 for the May WTI Brent arb almost tested what we see as resistance at -$4.82 for the upside/hence resistance for WTI/support for the Brent.
Above that, the next resistance for WTI versus the Brent is seen at the -$4.05 area.
Support on the downside for WTI versus Brent basis the May daily chart is seen at the -$7.26 area.
Momentum remains positive for the arbs, thus supporting the WTI, although the large price swings seen in the daily charts seem to have carved out trading ranges.
The lows for WTI versus Brent seen one week ago were seen as weakness for WTI due to the significant increase in freight rates to move crude from the US Gulf Coast—primarily towards Asia—hence making the WTI less desirable.
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This article and its contents are provided for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any commodity, futures contract, option contract, or other transaction. Although any statements of fact have been obtained from and are based on sources that the Firm believes to be reliable, we do not guarantee their accuracy, and any such information may be incomplete or condensed.
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