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Thursday, November 14, 2013

WTI's Discount to Brent Widens to Eight-Month High on Supply

... continue to push up that Brent-WTI spread," said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. "The domestic market here is over-supplied. Libya is not able to ramp up production and the Brent market is moving ...

http://washpost.bloomberg.com/Story?docId=1376-MW9BAB6S972R01-3J956A1B50H5LG8IF9L5G9LPEP

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