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Days of Futures Past Episode 7 | Adi Imsirovic, Director at Surrey Clean Energy and Former Global Head of Oil Trading at Gazprom Marketing & Trading
SmarterMarkets™
WTI Midland: The Future of Crude
When a crude becomes a benchmark, a very important benchmark, producers are quite actually happy about it. What tends to happen is when forties was introduced into the brand basket, the value of forties increased. So we as a rule of thumb, I would say the forties improved over time, but at least 50 cents a barrel,. And I would expect WTR to do the same.
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