Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why the Brent-WTI Spread Is Widening in a Geopolitical Summer
The gap between Brent crude and West Texas Intermediate has blown out to over $4.50 a barrel as of July 11, 2026 — the widest in a year. Lucas and Luna break down why Brent is surging past WTI, examining the geopolitical premium from renewed U.S.-Iran hostilities, the structural divergence in global refining demand, and the surprising role of natural gas in reshaping crude flows. They also look at how this spread reverberates through gasoline prices, energy stocks like Chevron and ConocoPhillips, and the broader inflation picture. A focused, data-driven conversation about one of the most…
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