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Using Brent and WTI oil prices to predict gasoline prices

Kevin Kliesen and Michael Owyang

Economic Synopses, 2011, No 36

Abstract: The spot prices of West Texas Intermediate and Brent crude oil recently diverged. If this divergence persists, economists and energy analysts may want to focus on Brent prices when predicting the level of gasoline prices.

Keywords: Petroleum industry and trade; Petroleum products - Prices; Gasoline (search for similar items in EconPapers)
Date: 2011
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