Oil ETFs: Tracking the WTI-Brent Spread
November 18, 2011 at 10:17 AM EST
In oil markets, the spread between prices of West Texas Intermediate and Brent crude has contracted on news a pipeline sold by ConocoPhillips to Enbridge will be reversed. Earlier this week, the WTI-Brent spread fell to its lowest levels since May, WSJ.com’s MarketBeat reported. “Enbridge will...