OIL FUTURES: Brent-WTI Spread Hits Record After Market Rout – Wall Street JournalPosed On August 21st, 2011
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OIL FUTURES: Brent-WTI Spread Hits Record After Market Rout
Wall Street Journal
The divergent trading pushed the spread between these global benchmarks to the widest level on record, with Europe’s Brent at one point trading at a $26.41 premium to US-traded WTI. The contracts historically trade within $1 of each other, …
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