Brent price spread widens as U.S. crude stockpiles mount

25 February 2016, London — U.S. crude’s discount to U.K.’s Brent, one of the biggest trades in oil, has hit a 10-week high as record high stockpiles pressure anew the market which traded at a premium to the global benchmark two months ago. U.S. crude’s West Texas Intermediate (WTI) futures settled $2.26 a barrel lower […] More »