UPDATE 7-Oil rises in volatile spread trading

... are seeing a little bit of profit taking on the spread," said Gene McGillian, an analyst at Tradition Energy in Stamford, Connecticut. The Brent-WTI spread trade has gripped markets this month, narrowing from near $6 at the start of July and over ...

http://www.reuters.com/article/2013/07/23/markets-oil-idUSL1N0FT15Y20130723?feedType=RSS&feedName=utilitiesSector