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103 comments on Refinery Utilization Rates and Increase in Use of Heavy/Sour Crudes
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103 comments on Refinery Utilization Rates and Increase in Use of Heavy/Sour Crudes
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The most recent price data (late May, EIA) show a spread of about $12 between Brent and Maya heavy crude, versus about $6 in late May, 2004.
>The most recent price data (late May, EIA) show a spread of about $12 between Brent and Maya heavy crude, versus about $6 in late May, 2004.
Thanks, I thought I had read somewhere that the spreads declined on increased demand, but I guess I was mistaken.