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Bloomberg reported that U.S. Gulf oil premiums surged as the difference between WTI and Brent widened
Bloomberg reported that U.S. Gulf oil premiums surged as the difference between WTI and Brent widened.
As quoted in the market news:
The spread between the two benchmark crude futures for January delivery increased $1.25 to $11.32 a barrel at 12:20 p.m. in New York.