EIA expects narrowed WTI price discountTransportation bottleneck keeping crude from Canada, ND, in midcontinent, expected to ease with more rail and truck capacity Kristen Nelson Petroleum News
The U.S. Energy Information Administration said Nov. 8 that it is forecasting a narrowing of the price discount for West Texas Intermediate crude oil to $8 a barrel from the current $11 below the U.S. refiner acquisition cost of crude.
WTI has traded at a premium over the average U.S. refiner acqui....
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What changed? Upward price pressure
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