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Wednesday, March 4, 2015

U.S. Crude Rises on Cushing Slowdown; Discount to Brent Narrows

... "What we're seeing is the WTI-Brent spread consolidate," Gene McGillian, a senior analyst at Tradition Energy in Stamford, Connecticut, said by phone. "There are people who locked in big profits when the spread widened and now want to get out." ...

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