Brent spread narrows as oil market tightens | BOE Report
The price gap between the worlds two most actively traded oil contracts narrowed to its lowest in more than seven months, demonstrating that U.S. oil output is still in the COVID-19 doldrums with the market likely to remain undersupplied. North Sea Brent futures traded at a premium of $1.89 to U.S. West Texas Intermediate (WTI) [Read more]
Brent spread narrows as oil market tightens | BOE Report
The price gap between the worlds two most actively traded oil contracts narrowed to its lowest in more than seven months, demonstrating that U.S. oil output is still in the COVID-19 doldrums with the market likely to remain undersupplied. North Sea Brent futures traded at a premium of $1.89 to U.S. West Texas Intermediate (WTI) [Read more]