WTI Crude Advances as Brent Premium Narrows to Nine-Month Low

... because Norwegian oil workers avoided a strike," said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. Brent for May settlement traded at a discount of 11 cents to the June contract, a situation known as a contango ...



via Stamford Newswire http://washpost.bloomberg.com/Story?docId=1376-MKXTQB0D9L3601-765SBJ3GU6MTKTOE23FAK06JLK