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Brent and WTI - at equal priceBrent and WTI - at equal price. Brent and WTI - at equal price. The fact that WTI, which has always been cheaper than the Brenta in the recent past, now slightly more expensive, is considered by markets further evidence of global expansion of oil oversupply. The true origin of dealers see glut in the US, where the boom of American slate oil industry led to oversupply. Most analysts do not expect a robust recovery in oil prices.
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