Another new post-GFC high for Brent crude while WTI declines brings the spread between the...

|By:, SA News Editor

Another new post-GFC high for Brent crude while WTI declines brings the spread between the products to the highest level since March 1. May Brent closes at $122.22 after nearly hitting $123; May WTI closes at $108.34. Brent ETF: BNO +0.7%. WTI ETF: USO -0.4%.