October WTI and Brent both off recent highs of 84.40 and 107.82 as S&P futures fall back from around 1148/49 highs. The correlation between WTI and the S&P very much back on track, and Brent’s premium over WTI tightening to around $23.5 today as geopolitical issues in Libya are keeping a lid on Brent prices.
WTI’s at 83.45 with Brent around 107.00. S&P around 1139