What are the implications of the widening spread between WTI and Brent prices?
Brent Oil May Rise to $82 in Fourth Quarter, SocGen's Keenan Says
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Business, Architecture, Religious Studies, Other, Social Studies
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The video discusses the impact of Iranian sanctions on oil prices, highlighting market concerns and opportunities. It explores trade strategies involving WTI and Brent, focusing on the widening spread due to US inventory issues. The discussion includes OPEC's production increase and its implications for future oil prices, emphasizing the role of spare capacity and potential market drivers.
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Discuss the potential effects of a cold winter on oil prices as mentioned in the text.
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