Oil Glut Narrows Brent-WTI Spread To Zero Throwing Markers For Next 12 Months

December 23, 2015   |   December 2015 Bond Updates
As the oil market grapples with bearish blows and entrenched oversupply sentiment, 22 December has become the second trading session this year to bring about an alignment of both global futures benchmarks – the US standard bearer WTI and global proxy Brent – at $36.40 per barrel intraday.

View more at: http://www.forbes.com/sites/gauravsharma/2015/12/22/oil-glut-narrows-brent-wti-spread-to-zero-throwing-markers-for-next-12-months/
 
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