Brent crude oil's premium to WTI is widening on Thursday, with the former firming amid ongoing "directionless” trading and the latter subdued by high US inventories and prevailing concern over the state of the economy.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 117.67/bbl on the ICE platform, up USD 0.24 on Thursday's close, while the WTI September contract on Nymex traded USD 0.27 lower at USD 97.13/bbl, widening the WTI/Brent spread to USD 20.54.
Brent crude saw range-bound trading, as investors took stock of m
Donnerstag, 28.07.2011, 08:10 Uhr
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