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For the oil traders - 3 traders confirm deals at negative $2.50 and $2.75 /bbl

Discussion in 'Market News' started by ForexLive, Feb 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The headline is truncated, they often are. More: - U.S. refiner Phillips 66 dumped crude for immediate delivery in Cushing on Wednesday - The unusual sales of excess oil added pressure to the March/April WTI futures spread, with the front-month discount widening to as much as $2.37 a barrel on Wednesday, the most since November

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