Hoping anyone can share a good site to track WTI Midland. CME has a quote at minus 8.99 as of 4 April. Is that accurate? This bodes very well for WNR, DK and Marathon. Know it was at minus 14 a couple weeks ago but having a hard time geeting good data
I use to get it at Bloomberg, but now they want you to pay for the service. I don't know of a free source other then watchig for articles on the subject. :( A healthy MIdland/Cushing spread is grat for both WNRL and WNR.
I have found the CME group website gives previous day settlements for free. Kind of hard to find but search for WTI Midland (argus) vs WTI and separately, WTS vs WTI. It is minus 7.44 on WTI and minus 7.60 on WTS as of yesterday settlement. Still a great number seeing this is in addition to brent wti discount. The spread was higher virtually all of first quarter and maintaining into this quarter. Good luck. Think MPC, ALJ, and WNR are best way to play this. Soured on DK because sell overhang from Israeli parent.