Year Wty
Year Wty
 |
| Samsung C6112 Red Dual SIM Unlocked Mobile Phone+4GB+Bundled 4Gifts+1 Year Wty | |
 |
$139.60 Time Remaining: 21h 34m Buy It Now for only: $139.60 Buy It Now |
| NEW Panasonic Lumix DMC FT3 TS3 Waterproof HD NTSC Camera 1 Year WTY ORANGE | |
 |
$309.00 Time Remaining: 1d 1h 32m Buy It Now for only: $309.00 Buy It Now |
| NEW Panasonic Lumix DMC FT3 TS3 Waterproof HD NTSC Camera 1 Year WTY RED | |
 |
$279.00 Time Remaining: 1d 1h 32m Buy It Now for only: $279.00 Buy It Now |
| Perfetta Made in Italy Bocce Ball Set 10 Year Wty | |
 |
$129.95 Time Remaining: 1d 5h 15m Buy It Now for only: $129.95 Buy It Now |
| Nice Juniper Netscreen NS 204 001 DC Advanced Firewall v 54 r23 1 Year Wty | |
 |
$899.00 Time Remaining: 3d 6h 34m Buy It Now for only: $899.00 Buy It Now |
| Nice Juniper Netscreen NS 208 001 DC Adv Firewall VPN v 54 r23 1 Year Wty | |
 |
$1,179.00 Time Remaining: 3d 6h 36m Buy It Now for only: $1,179.00 Buy It Now |
| New Juniper Netscreen NS 204 Adv Firewall VPN 25 50 NOB v 54 r23 1 Year Wty | |
 |
$899.00 Time Remaining: 3d 16h 33m Buy It Now for only: $899.00 Buy It Now |
| F5 Big IP LTM 1500 2GB RS SSL Local Traffic Manager w 1 Year wty | |
 |
$2,140.00 Time Remaining: 3d 21h 5m Buy It Now for only: $2,140.00 Buy It Now |
| Fuji Fujifilm X Pro1 Digital Camera Fujinon XF 60mm F24 R I YEAR WTY | |
 |
$2,755.00 Time Remaining: 4d 1h 30m Buy It Now for only: $2,755.00 Buy It Now |
| Canon Zoom Wide Angle Telephoto EF 24 105mm f 4L IS USM For 5D Mark +1 Year Wty | |
 |
$989.00 Time Remaining: 4d 18h 18m Buy It Now for only: $989.00 Buy It Now |
| NEW Samsung Galaxy Note N7000 3G 16GB UNLOCKED Smartphone 1 Year WTY BLUE | |
 |
$549.00 Time Remaining: 5d 1h 39m Buy It Now for only: $549.00 Buy It Now |
| NEW Samsung Galaxy Note N7000 3G 16GB UNLOCKED Smartphone 1 Year WTY WHITE | |
 |
$589.00 Time Remaining: 5d 1h 39m Buy It Now for only: $589.00 Buy It Now |
| Fulton K650 600 lb Brake Winch w 3 Year Wty USA Trailer | |
 |
$62.50 Time Remaining: 5d 10h 1m Buy It Now for only: $69.95 Buy It Now | Bid now |
| New Lenovo Thinkpad T520 LaptopCore i5 2520M8GB DDR33 Years Wty | |
 |
$899.00 Time Remaining: 5d 10h 11m Buy It Now for only: $899.00 Buy It Now |
| Jabra 9125 28 15 GN9125 Headset and Base Flex Boom Headset 19 GHz 1 Year WTY | |
 |
$209.95 Time Remaining: 5d 17h 17m Buy It Now for only: $209.95 Buy It Now |
| Jabra 9327 508 405 GN9330e Hdst Base DECT Telephony 1 Year WTY | |
 |
$179.95 Time Remaining: 5d 17h 23m Buy It Now for only: $179.95 Buy It Now |
| Canon EOS 7D 18MP DSLR Body+18 55mm II 55 250mm II Twin Lens Kit+1 Year Wty | |
 |
$1,576.00 Time Remaining: 5d 22h 26m Buy It Now for only: $1,576.00 Buy It Now |
| Lenovo ThinkPad T420s i5 2540M 4GB 128GB SSD 3 Year WTY w Bay Battery 3G WWAN | |
 |
$1,195.00 Time Remaining: 6d 17h 22m Buy It Now for only: $1,195.00 Buy It Now |
| CAP AIR 1 Temperature Humidity Controller 5 Year WTY CAP AIR1 AIR 1 | |
 |
$93.45 Time Remaining: 7d 9h 23m Buy It Now for only: $93.45 Buy It Now |
| HTC X710s Velocity 4G 16GB 8MP Dual core Phone Black+Bundled 4Gift+1 Year Wty | |
 |
$594.50 Time Remaining: 8d 1h 30m Buy It Now for only: $594.50 Buy It Now |
| Sony alpha NEX 7 243 MP Digital Camera Black Body Only+1 YEAR INT WTY | |
 |
$1,488.00 Time Remaining: 8d 15h 28m |
| HA Pair F5 Big IP 1500 GTM Ver 10 Global Traffic Manager w 1Year Wty | |
 |
$10,700.00 Time Remaining: 9d 7h 31m Buy It Now for only: $10,700.00 Buy It Now |
| Mack 3Year USA Intl Ext Wty Printers ScannersUNDER 800 | |
 |
$35.00 Time Remaining: 9d 17h 51m Buy It Now for only: $35.00 Buy It Now |
| Artic spa MSPA MP M Class Gecko circuit board kit OEM | |
 |
$499.99 Time Remaining: 9d 19h 45m Buy It Now for only: $499.99 Buy It Now |
| New Cisco WS C4948 E 48p gig switch2ACfull L3 IpServices+New SX GLC 1 Year Wty | |
 |
$5,895.00 Time Remaining: 9d 22h Buy It Now for only: $5,895.00 Buy It Now |
| New Boxed Fuji Fujifilm X Pro1 Digital Camera Body Only+1 year worldwide wty | |
 |
$1,800.00 Time Remaining: 11d 2h 11m Buy It Now for only: $1,800.00 Buy It Now |
| Nice Juniper Netscreen NS 208 001 Adv Firewall VPN v 54 r23 1 Year Wty | |
 |
$999.00 Time Remaining: 12d 8h 51m Buy It Now for only: $999.00 Buy It Now |
| WS C4506 Cisco 4506 Switch WS X4013+ WS X4306 GB WS X4424 GB RJ45 5 Year WTY | |
 |
$525.00 Time Remaining: 12d 9h 30m Buy It Now for only: $525.00 Buy It Now |
| Apple New iPad 3rd Generation 64GB WiFi 4G 97in Tablet PC Black+1 Year Wty | |
 |
$969.00 Time Remaining: 12d 21h 5m Buy It Now for only: $969.00 Buy It Now |
| Apple NEW iPad 3rd Generation 32GB WiFi 4G 97in Tablet PC Black+1 Year Wty | |
 |
$809.00 Time Remaining: 12d 21h 15m Buy It Now for only: $809.00 Buy It Now |
| Apple NEW iPad 3rd Generation 16GB WiFi 4G 97in Tablet PC Black+1 Year Wty | |
 |
$698.00 Time Remaining: 12d 21h 26m Buy It Now for only: $698.00 Buy It Now |
| Apple NEW iPad 3rd Generation 64GB WiFi 4G 97in Tablet PC White+1 Year Wty | |
 |
$979.00 Time Remaining: 13d 2h 16m Buy It Now for only: $979.00 Buy It Now |
| Fuji Fujifilm X Pro1 Digital Camera Fujinon XF 18mm F2 R I YEAR WTY | |
 |
$2,640.00 Time Remaining: 13d 2h 23m Buy It Now for only: $2,640.00 Buy It Now |
| Apple NEW iPad 3rd Generation 16GB WiFi 4G 97in Tablet PC White+1 Year Wty | |
 |
$709.80 Time Remaining: 13d 2h 38m Buy It Now for only: $709.80 Buy It Now |
| Apple NEW iPad 3rd Generation 32GB WiFi 4G 97in Tablet PC White+1 Year Wty | |
 |
$809.80 Time Remaining: 13d 4h 28m Buy It Now for only: $809.80 Buy It Now |
| S1911 Canon EOS 7D DSLR Body HD Movie+Gifts+1Year Wty | |
 |
$1,313.89 Time Remaining: 13d 18h 50m Buy It Now for only: $1,313.89 Buy It Now |
| 1984 1985 1986 1987 BMW 630csi AC Compressor 1 Year Wty | |
 |
$179.00 Time Remaining: 15d 4h 6m Buy It Now for only: $179.00 Buy It Now |
| Cisco used CISCO2801 + HWIC 1GE SFP 1 SFP slot Gb Ethernet HWIC 1 year wty | |
 |
$1,325.00 Time Remaining: 15d 14h 54m Buy It Now for only: $1,325.00 Buy It Now |
| NURSE WATCH FOB SILICONE WATCH+BROOCH PIN+2x FREE BATTERY 1year wtyGREEN FACE | |
 |
$9.76 Time Remaining: 16d 16h 28m Buy It Now for only: $9.76 Buy It Now |
| JVC Everio GZ E205 40x Zoom Full HD Camcorder PAL Silver+8GB+6Gift+1 Year Wty | |
 |
$279.80 Time Remaining: 16d 17h 37m Buy It Now for only: $279.80 Buy It Now |
| Buffalo 4 Bay NAS Server LinkStation Pro Quad LS QVL RAID 0 1 5 10 + 3 YEARS WTY | |
 |
$249.16 Time Remaining: 16d 18h 51m Buy It Now for only: $249.16 Buy It Now |
| Sony Carl Zeiss 16 35mm F28 SAL1635ZA+3Year wty 8R0V | |
 |
$1,849.00 Time Remaining: 16d 22h 52m Buy It Now for only: $1,849.00 Buy It Now |
| NEW Tamron AF 28 300mm F 35 63 Di VC LD IF Macro Lens for Nikon 1 Year WTY | |
 |
$649.00 Time Remaining: 17d 1h 16m Buy It Now for only: $649.00 Buy It Now |
| NEW Tamron AF 28 300mm F 35 63 Di VC LD IF Macro Lens for Canon 1 Year WTY | |
 |
$659.00 Time Remaining: 17d 1h 16m Buy It Now for only: $659.00 Buy It Now |
| NEW Tamron AF 18 270mm F 35 63 Di II VC LD IF Macro Lens for Nikon 1 Year WTY | |
 |
$479.00 Time Remaining: 17d 1h 16m Buy It Now for only: $479.00 Buy It Now |
| HA Pair Juniper Netscreen NS 204 Adv Firewall VPN v 54 r24 1 Year Wty | |
 |
$799.00 Time Remaining: 17d 5h 56m Buy It Now for only: $799.00 Buy It Now |
| F5 Big IP 1500 GTM V 10 Global Traffic Manager w 1Year Wty | |
 |
$5,400.00 Time Remaining: 17d 15h 21m Buy It Now for only: $5,400.00 Buy It Now |
| Petsafe RFA 281 Acessory Pack For Fence Colllars Brand New With 1 Year Wty | |
 |
$12.99 Time Remaining: 18d 4h 57m Buy It Now for only: $12.99 Buy It Now |
| F5 Big IP 1500 Load Balancer HA Matched Pair Ver10 Lic w 1 Year Wty | |
 |
$7,995.00 Time Remaining: 18d 15h 6m Buy It Now for only: $7,995.00 Buy It Now |
| 2006 2007 AM General A C Compressor Reman 1 Year Wty | |
 |
$154.00 Time Remaining: 18d 17h 17m Buy It Now for only: $154.00 Buy It Now |
| Fuji Fujifilm X Pro1 Digital Camera Fujinon XF 35mm F14 R I YEAR WTY | |
 |
$2,660.00 Time Remaining: 18d 18h 34m Buy It Now for only: $2,660.00 Buy It Now |
| DELL VIDEO CARD REPAIR E1705 M1710 M90 9400 90 Day Wty 30 Years of Experience | |
 |
$99.00 Time Remaining: 18d 19h 15m Buy It Now for only: $99.00 Buy It Now |
| Panasonic Lumix DMC GX1 Black Twin Lens Kit 14 42mm+14mm+16GB+5Gifts+1 Year Wty | |
 |
$788.00 Time Remaining: 19d 15h 16m Buy It Now for only: $788.00 Buy It Now |
| Canon PowerShot SX260 HS 121MP GPS Camera Green+8GB+Bundled 6Gifts+1 Year Wty | |
 |
$339.00 Time Remaining: 19d 22h 49m Buy It Now for only: $339.00 Buy It Now |
| NURSE WATCH FOB SILICONE WATCH+BROOCH PIN+2x FREE BATTERY 1year wtyPURPLE FACE | |
 |
$9.76 Time Remaining: 20d 1h 46m Buy It Now for only: $9.76 Buy It Now |
| Canon PowerShot SX240 HS 121 MP 20x Camera Silver+8GB+Bundled 6Gifts+1 Year Wty | |
 |
$369.80 Time Remaining: 20d 3h 2m Buy It Now for only: $369.80 Buy It Now |
| Canon PowerShot SX240 HS 121 MP 20x Camera Black+8GB+Bundled 6Gifts+1 Year Wty | |
 |
$332.00 Time Remaining: 20d 7h 1m Buy It Now for only: $332.00 Buy It Now |
| Canon PowerShot SX260 HS 121MP GPS Camera Black+8GB+Bundled 6Gifts+1 Year Wty | |
 |
$347.20 Time Remaining: 20d 9h 2m Buy It Now for only: $347.20 Buy It Now |
| Sunnytech 6FT HDMI 14a Cable High Speed with Ethernet A M to A M 5Year Wty | |
 |
$4.55 Time Remaining: 20d 20h 11m Buy It Now for only: $4.55 Buy It Now |
| Sunnytech 10FT HDMI 14a Cable High Speed with Ethernet A M to A M 5Year Wty | |
 |
$6.99 Time Remaining: 20d 20h 16m Buy It Now for only: $6.99 Buy It Now |
| Sunnytech 25FT HDMI 14a Cable High Speed with Ethernet A M to A M 5Year Wty | |
 |
$13.99 Time Remaining: 20d 20h 27m Buy It Now for only: $13.99 Buy It Now |
| JVC GZ HM445 HM445E HD Everio PAL Camcorder Silver+16GB+Bundled 7Gift+1 Year Wty | |
 |
$270.20 Time Remaining: 20d 21h 38m Buy It Now for only: $270.20 Buy It Now |
| Canon EOS 550D 18MP Camera+18 55mm II+55 250mm II+50mm+4Gift+1 Year Wty | |
 |
$989.00 Time Remaining: 21d 38m Buy It Now for only: $989.00 Buy It Now |
| Panasonic Lumix DMC GF3 Pink with 14 42mm II+14mm Lens+Bundled 6Gifts+1 Year Wty | |
 |
$548.00 Time Remaining: 21d 4h 49m Buy It Now for only: $548.00 Buy It Now |
| Dell Latitude E6420 Laptop I7 22GHz 500GB 8GB DVD+ RW 3 year Dell NBD HOME WTY | |
 |
$729.99 Time Remaining: 21d 8h 16m Buy It Now for only: $729.99 Buy It Now |
| Sigma 120 400mm f 45 56 DG OS HSM APO Autofocus Lens for Nikon+1 Year Wty | |
 |
$945.90 Time Remaining: 22d 17h 4m Buy It Now for only: $945.90 Buy It Now |
| Sigma 120 400mm f 45 56 DG OS HSM APO Autofocus Lens for Canon+1 Year Wty | |
 |
$945.90 Time Remaining: 22d 19h 16m Buy It Now for only: $945.90 Buy It Now |
| New Cisco WS C3750X 48T S 48p gig switch1 Year Wty | |
 |
$4,015.00 Time Remaining: 22d 19h 30m Buy It Now for only: $4,015.00 Buy It Now |
| Sony Cyber shot WX10 DSC WX10 160MP 7x Zoom Camera Purple+4GB+5Gifts+1 Year Wty | |
 |
$258.60 Time Remaining: 22d 23h 46m Buy It Now for only: $258.60 Buy It Now |
| Sony DSC TX55 Cyber Shot 162MP 5x Optical Camera Silver+8GB+6Gift+1 Year Wty | |
 |
$281.50 Time Remaining: 23d 32m Buy It Now for only: $281.50 Buy It Now |
| Sony DSC TX55 Cyber Shot 162MP 5x Optical Camera Purple+8GB+6Gift+1 Year Wty | |
 |
$314.90 Time Remaining: 23d 4h 14m Buy It Now for only: $314.90 Buy It Now |
| Sony NEX VG20E VG20 HD Handycam PAL Camcorder+18 200mm Lens Kit+3Gift+1 Year Wty | |
 |
$2,129.00 Time Remaining: 23d 22h 59m Buy It Now for only: $2,129.00 Buy It Now |
| JVC Everio GZ E205 40x Full HD Camcorder PAL Red+8GB+ Bundled 6Gift+1 Year Wty | |
 |
$280.50 Time Remaining: 24d 1h 15m Buy It Now for only: $280.50 Buy It Now |
| Samsung I9103 Galaxy R 3G 8GB Internal 5MP Black Phone+ Bundled 4Gift+1 Year Wty | |
 |
$442.70 Time Remaining: 24d 3h 20m Buy It Now for only: $442.70 Buy It Now |
| JVC Everio GZ E205 40x Full HD Camcorder PAL Black+8GB+ Bundled 6Gift+1 Year Wty | |
 |
$286.80 Time Remaining: 24d 3h 27m Buy It Now for only: $286.80 Buy It Now |
| HA Pair Juniper Netscreen NS 208 Adv Firewall VPN v 54 r24 1 Year Wty | |
 |
$899.00 Time Remaining: 25d 17m Buy It Now for only: $899.00 Buy It Now |
| JVC Everio GS TD1 Full HD 3D 64GB PAL Camcorder Black+Bundled 6Gifts+1 Year Wty | |
 |
$1,209.00 Time Remaining: 25d 4h 24m Buy It Now for only: $1,209.00 Buy It Now |
| Panasonic Lumix DMC GF3 with 14 42mm II+14mm Lens+16GB+Bundled 7Gift+1 Year Wty | |
 |
$576.90 Time Remaining: 25d 6h 12m Buy It Now for only: $576.90 Buy It Now |
| DIGITUS USB 30 2 Port PCI E card 2 Ports A F 1x LPNEC chip 5 Years Wty | |
 |
$22.88 Time Remaining: 25d 15h 41m Buy It Now for only: $22.88 Buy It Now |
| DIGITUS HDMI Switch 5 Input to 1 OutputHDMI 13b compatiblemax1080p5 Year Wty | |
 |
$36.95 Time Remaining: 25d 18h 1m Buy It Now for only: $36.95 Buy It Now |
| DIGITUS Professional HDMI RepeaterExtends HDMI signals upto 100ft 5 Year Wty | |
 |
$35.99 Time Remaining: 25d 18h 14m Buy It Now for only: $35.99 Buy It Now |
| NEW Nikon DSLR D3S Body FX Full Frame Camera+3Gifts+WTY D3 S HD+1 Year Warranty | |
 |
$5,399.00 Time Remaining: 25d 20h 44m Buy It Now for only: $5,399.00 Buy It Now |
| Nikon 1 J1 Mirrorless Camera Pink+30 110mm+10 30mm Kit+16GB+6Gifts+1 Year Wty | |
 |
$680.10 Time Remaining: 26d 2h 44m Buy It Now for only: $680.10 Buy It Now |
| DIGITUS HDMI Video Extender over Cat5 Cat6 up to 50m1080p resolution5 Year Wty | |
 |
$112.50 Time Remaining: 26d 14h 9m Buy It Now for only: $112.50 Buy It Now |
| Canon EOS Kiss X4 550D Japan Version Camera+18 55mm IS II Lens Kit +1 Year Wty | |
 |
$668.80 Time Remaining: 26d 16h 47m Buy It Now for only: $668.80 Buy It Now |
| CISCO WS C6509 CISCO 6509 FULL CONFIG 2X WS X6K S2 MSFC2 DUAL AC PWR 2 YEAR WTY | |
 |
$1,150.00 Time Remaining: 26d 19h 1m Buy It Now for only: $1,150.00 Buy It Now |
| Pentax Zoom Super Wide Telephoto SMCP DA 16 50mm f 28 ED AL IF SDM+1 Year Wty | |
 |
$1,159.00 Time Remaining: 26d 20h 34m Buy It Now for only: $1,159.00 Buy It Now |
| Motorola V1050 W220 W375 V878 V3 V3i battery +1year wty | |
 |
$13.19 Time Remaining: 27d 3h 38m Buy It Now for only: $13.19 Buy It Now |
| Panasonic Lumix DMC FZ150 121MP NTSC Camera Black+8GB+ Bundled 7Gift+1 Year Wty | |
 |
$529.00 Time Remaining: 27d 7h 16m Buy It Now for only: $529.00 Buy It Now |
| Sony NEX VG20E VG20 HD Handycam PAL Camcorder Body Only Black+3Gift+1 Year Wty | |
 |
$1,409.00 Time Remaining: 27d 17h 24m Buy It Now for only: $1,409.00 Buy It Now |
| NURSE WATCH FOB SILICONE WATCH+BROOCH PIN+2x FREE BATTERY 1year wtyGRPAE FACE | |
 |
$9.76 Time Remaining: 27d 17h 53m Buy It Now for only: $9.76 Buy It Now |
| BUTTERFLY NURSE WATCH QUARTZ MOVT+PIN+FREE SPARE BATTERY+1 year wty Light Blue | |
 |
$11.68 Time Remaining: 27d 18h 22m Buy It Now for only: $11.68 Buy It Now |
| BUTTERFLY NURSE WATCH QUARTZ MOVMENT+PIN+FREE SPARE BATTERY+1 year wtyWhite | |
 |
$11.68 Time Remaining: 27d 18h 25m Buy It Now for only: $11.68 Buy It Now |
| Nikon D3200 242MP Camera Body Black+18 55mm Lens Kit+Bundled 3Gift+1 Year Wty | |
 |
$819.00 Time Remaining: 27d 21h 12m Buy It Now for only: $819.00 Buy It Now |
| Nikon D3200 242MP Digital SLR Camera Body Black+16GB+Bundled 4Gifts+1 Year Wty | |
 |
$756.80 Time Remaining: 27d 21h 12m Buy It Now for only: $756.80 Buy It Now |
| Nikon COOLPIX S8200 Full HD 161MP 14x Optical Zoom IS Camera Silver+1 Year Wty | |
 |
$279.50 Time Remaining: 27d 23h 53m Buy It Now for only: $279.50 Buy It Now |
| Nikon 1 V1 Mirrorless AF CMOS 101MP Camera Black+10mm+16GB+6Gifts+1 Year Wty | |
 |
$836.90 Time Remaining: 28d 2h 30m Buy It Now for only: $836.90 Buy It Now |
| New Nikon 1 V1 Mirrorless AF CMOS 101MP Camera White+10mm+8GB+6Gifts+1 Year Wty | |
 |
$829.90 Time Remaining: 28d 3h 32m Buy It Now for only: $829.90 Buy It Now |
| Nikon D3200 242MP Camera Body Black+18 55mm Lens+16GB+Bundled 4Gift+1 Year Wty | |
 |
$826.80 Time Remaining: 28d 4h 24m Buy It Now for only: $826.80 Buy It Now |
Have you ever lost someone on your team?
we had a kid on our team that was an amazing swimmer. he was from columbia and was on the nationals team as a 14 year old. he swam 1:01's in the 100 LCM butterfly at age 14 (that a 53.40 for SCY. he was amazing and just moved to the us and he made it the full season and won the 100 yd butterfly at the county meet and lost for the first time in any of his races in the 50 free..... our team loved him and almost depended on him. he was going to go to states in march but he had to move back to columbia a few days ago. his mother was sick and he probobly wont be comming back.... i am so sad that hes leaving. the coach new about it for 2 weeks but didnt say anything to us. i learned in the hallway at school. idk wty she didnt say anythin or he didnt but im kinda upset by that...... i didnt say goodbye.. i fell terrible... anyway have you ever lost your best swimmer?
yes friend i happened to me ... my friend was a boy named john... he was terribly very liking to free style... once i went to a swimming competition ... in that i didnt see him because he said that he would come with me to swim.. but he was sent in transver... i felt soo sad because i dint even say a good bye to him because he was my beloved friend..
The Changing Meaning of Oil Price Benchmarks
Oil analysts and the press refer to various types of crude oil. The oil industry classifies crude oil (unrefined oil) first by the location of its origin. Other factors are its weight (light, intermediate or heavy) and its sulfur content: sweet or sour. Sweet crude is low sulfur and sour crude is high sulfur. Sour crude oil requires much more refining than sweet crude oil. Oil companies like, Western Pipeline Corporation; determine the molecular characteristics of the crude oil they drill so that it can be classified to use as a pricing reference. These pricing references are referred to as Crude oil benchmarks.
There are about 161 different internationally traded crude oils. Two crude oils which are either traded themselves or whose prices are reflected in other types of crude oil include
West Texas Intermediate and Brent. Brent crude oil comes from fields in the North Sea and has more sulfur than WTI so it is considered inferior. In the United States WTI has been the benchmark pricing term most referred to as it’s a low sulfur, light sweet crude oil ideal for producing gasoline which most U.S. refineries were designed to process. Production of WTI has been declining for years but it is still the major benchmark in North America. It is the underlying commodity of New York Mercantile Exchanges oil futures contracts. However, North Sea Brent crude oil is also mentioned alongside WTI in the US news today.
Brent crude oil has become the world benchmark for oil pricing and is the price most traders follow closely. Brent oil production from the Middle East, Europe and Africa flowing west is most often priced off the price of Brent crude. Brent crude oil affects more people than WTI during supply disruptions. Historically, WTI crude prices have been higher than Brent crude due to its lower sulfur content. The typical price difference had been $1 less per barrel. However, in the last two years, Brent has increasingly traded at a premium to WTI.
In 2007, Brent crude futures have been trading higher than WTI. Depletion of the North Sea oil fields is considered to be one factor causing this. Another factor is pipeline logistics in the US. Most West Texas crude travels one way via pipelines to refineries. If there is a shortage of demand upstream oil supply will back up at downstream hubs. This occurred in Cushing, OK, a major hub, in April 2007 with a weekly increase in supply of 8 million barrels. This caused a reduction in price of up to $3 per barrel for short term contracts.
These changes are causing the two main crude oil benchmarks to dislocate from each other and it’s likely that crude oil benchmarks in the future will grow even farther apart making crude oil pricing more difficult.
About the Author
Bob Jent is the CEO of Western Pipeline Corporation. Western Pipeline Corp specializes in identifying, acquiring and developing existing, producing reserves on behalf of its individual clients.
Obama one year on