The spread between WTI and Brent crude narrows to $16.10/bbl, its tightest margin in four...


The spread between WTI and Brent crude narrows to $16.10/bbl, its tightest margin in four months, on expectations the expanded Seaway pipeline carrying oil to the Gulf coast will help ease the glut at the critical Cushing, Okla., delivery hub. Brent prices, up only slightly, failed to react to a shutdown of a North Sea pipeline network or the terrorist attack at a gas field in Algeria.

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