ROLEX18K

Capitalizing on the Brent-WTI Crude Oil Differential

ADDAX PETROLEUM(Other OTC: ADXTF.PK) typical Pink Sheets stock made look good, high stock price but 2,500 shares volume.No balance sheet, only wonderful prospectus and stock that is down 80% will be down 99% as well.Sell it short, company have no operations.

BERRY PETROLEUM CO A(NYSE: BRY) down 90% but not worth the attention at this prices as company is losing hundreds of millions and selling assets.Also can not be traded as pairs trading strategy against ADDAX as ADDAX volume is 2,500 shares and not everyday.


Now regarding the WTI and Brent Oil differentials, this also have no meaning as any Oil benchmark can be changed, it all depends on chemical composition used by refineries and the Oil's origins.
Even if Brent benchmark will dry up completely tomorrow, the Urals or Azeri crude will be importent from Russia and Azerbaijan with composition of Brent in it.That simple.