Physical Oil Grades Slip as Brent-WTI Spread Narrows
Physical oil grades mostly fell Tuesday, brokers said, as the Brent-WTI futures spread narrowed. The EIA’s weekly supply and demand report is due Wednesday.
By Liz HamptonPhysical oil grades mostly fell on Tuesday, brokers said, as the spread between Brent crude futures and West Texas Intermediate narrowed.The US Energy Information Administration will release its weekly supply and demand report on Wednesday. US crude and gasoline inventories are antici…