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Spread Between Nymex & Brent to Widen

Thu 04 Oct 12 | 06:45 PM ET
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Spread Between Nymex & Brent to Widen

Thu 04 Oct 12 | 06:45 PM ET
Jay Richards, Investment Manager, GTL Capital Management thinks the spread between Brent and Nymex prices to stay wide. He says U.S. domestic demand & supply will drive Nymex prices whereas Brent prices will be driven by politics.

Topics:

Energy Commodities  | Brent Crude  | Oil
 
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