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What the Narrowing WTI/Brent Price Gap Means for Investors

Source: http://www.ino.com/blog/2013/01/what-the-narrowing-wtibrent-price-gap-means-for-investors/
Posted on Wednesday, January 30th, 2013 | In Investing Lessons, Trading Lessons
Contributed by: Trading School (http://ino.com) -

The Energy Report: U.S. oil prices hit their third peak of 2012 soon after your last interview with us, then bottomed around $85 per barrel ($85/bbl) in early November. Now they're back in the mid-$90s. What's causing the recent strength? Elliott Gue: New pipeline capacity is alleviating some of the supply crude glut in places [...]

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