Bubble Map Update: Bakken at Clearbrook Selling at a Premium

January 24, 2014 By

June 17, 2013


The June 14th Bubble Map shows some big changes in the Bakken at Clearbrook price. The differential at Clearbrook has been volatile since we last checked in. It peaked at a $3.50 premium earlier last week, settling at a $2 premium over WTI last Friday. The Bakken differential at the wellhead was unchanged.

The WCS discount continues to tighten to $9 under WTI, from $16 since we last checked in. Even the temporary shut down of Kinder Morgan’s Trans Mountain pipeline last week couldn’t keep the price of WCS down for too long. WCS continues to benefit from improved infrastructure and refining capacity.