What is the difference between Brent crude oil and American crude oil?
The price of 1 is different. Brent crude oil is more expensive than American crude oil, mainly because it is more and more difficult to exploit Brent crude oil, and the pricing range of Brent crude oil is wider, so the demand is greater.
The API gravity of WTI (the higher the value, the lighter the oil and the higher the price) is about 39.6, while the API gravity of Brent crude oil is about 38.06, the sulfur content of WTI is only 0.24%, and the sulfur content of Brent is 0.37%.
3 the influence is different. Although both of them occupy an important position in the world crude oil pricing market, Brent crude oil has a wider pricing range.
The above is the difference between Brent crude oil and American crude oil. In practice, you can get the normal price difference between them according to historical data, and then arbitrage by using the fluctuation of the price difference.