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WTI-Brent spread making US oil more competitive
10/11/2017

The US shipped about 1.6 million barrels of oil per day last week, above the four-week moving average from 2016, and export volumes are expected to increase as West Texas Intermediate continues to trade at a significant discount to Brent crude, according to PIRA Energy analysts. WTI remains cheaper than all major traded crude grades except for Western Canadian Select.

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