Brent-WTI spread narrows to below $2 by November 2027

Market overview

Eased US-Iran tensions reduce regional supply risks, typically tightening the Brent-WTI spread. The spread has averaged $3.50 in 2024 and has not dipped below $2 since March 2024.

price prediction market

Implied probability (Yes)

70%

Closes

2027-12-31

Source: user-generated

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