Some articles re WTIC that I think are worth reading. In short, there is a massive divergence between, on the one hand U.S. stocks broadly, and on the other hand Cushing stocks, and TTBOMK WTI is priced off of Cushing stocks.
http://www.platts.com/news-feature/2...ng-crude/index
http://blogs.platts.com/2014/02/17/verleger-feb17/
http://blogs.platts.com/2014/04/29/eia-oil-data-feb14/
http://www.platts.com/news-feature/2...ng-crude/index
http://blogs.platts.com/2014/02/17/verleger-feb17/
http://blogs.platts.com/2014/04/29/eia-oil-data-feb14/
I have no clue what I'm talking about.