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The expiry of the January WTI contract has narrowed the differential with Brent

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    As predicted yesterday with the expiry of the January WTI contract the differential with Brent has narrowed, at the close last night WTI actually overtook Brent and this morning it is nip and tuck with both crudes up around 30 cents. The API stats after the close gave some support showing a draw of 3.6m barrels which wasnt expected, tonight’s EIA numbers will show a more accurate picture.

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