U.S. Oil's Discount to Global Benchmark Widens to 13-Month High

... of oil in the market and that really hasn't changed," said Gene McGillian, a senior analyst at Tradition Energy in Stamford, Connecticut. "The glut is more on the U.S. side. That's why the spread is widening." West Texas Intermediate for April ...

http://ift.tt/1Ac6HNU