# More OPEC production and higher global natural gas prices widen crude oil price spreads -
		U.S. Energy Information Administration (EIA)

> Sour crude oil discounts have widened as OPEC members increase exports of higher-sulfur grades and natural gas prices rise. Mars crude averaged $4.92 per barrel below Brent in November, a wider spread than in August and January.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43779-more-opec-production-and-higher-global-natural-gas-prices-widen-crude-oil-price
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude quality spreads affect refinery margins and product output mix, with only indirect effects on feed commodity prices.

## Sources

- eia.gov: https://www.eia.gov/TODAYinENERGY/detail.php?id=50537

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.