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Using Brent and WTI oil prices to predict gasoline prices

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Abstract

The spot prices of West Texas Intermediate and Brent crude oil recently diverged. If this divergence persists, economists and energy analysts may want to focus on Brent prices when predicting the level of gasoline prices.

Suggested Citation

  • Kevin L. Kliesen & Michael T. Owyang, 2011. "Using Brent and WTI oil prices to predict gasoline prices," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2011:n:36
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    File URL: http://research.stlouisfed.org/publications/es/11/ES1136.pdf
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    Cited by:

    1. Robert Socha, 2014. "Asymetria relacji cen paliw płynnych w Polsce i cen ropy naftowej," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 5, pages 133-160.

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