Hi I keep seeing people throw around a *fact* that Oil Spot is $150 vs Futures being $91. I see this number being mentioned every where right now , in news, articles, twitter, reddit etc. However I have not been able to find the source of this $150 figure. Is this even the truth? Can someone point me towards a resource where I can see this?
Posted by EquipmentThis7934
5 Comments
Eia has Brent spot oil price at 123.28 for 4/13
Eia.gov
The $150 price is for North Sea Forties crude oil.
The name is Dated Brent. https://fred.stlouisfed.org/series/DCOILBRENTEU
Might be a good time to buy more oil stocks. Wall Street price is BS
It’s like when they said the price went negative, a lie.