U.S. Gulf Oil Premiums Surged $1.25

- December 15th, 2011

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.

Click here to read the full Bloomberg report.

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