Business Insider -
31 May 2018 03:00

Andrew Burton/Getty With falling oil prices, American crude becomes very attractive to foreign buyers. The US is producing crude oil in high volume while OPEC is restricting supply. Imbalances in production elsewhere are now occurring. Oil prices are falling, but American crude is suffering even worse than its international counterpart. The price differential between WTI and Brent continues to widen, briefly hitting $9 per barrel on Monday, the largest discount in about three years.See the rest ...
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