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It hasn't. Arbs stay as huge as they've been because the crude export ban was lifted, any narrative on the contrary is just mistaken. All the time have a look at identical month contracts when arbs. June WTI/Brent (nonetheless the widest entrance month arbs in a really very long time): https://preview.redd.it/km6r7ddx1ftg1.png?width=2136&format=png&auto=webp&s=0d5fece698196de94f21e0ebf9268f22624b942b submitted by /u/apersonwhosonreddit |