Narrowing spread could curb crude-by-rail growth

摘要

Washington—A narrowing Brent/WTI spread could challenge Norfolk Southern’s crude-by-rail business shipping Bakken oil to US East Coast refineries, railroad officials said Monday. The railroad, which operates in the eastern US, said it projects continued growth in shipments of Bakken crude to the East Coast, but possibly at a lower rate of growth in light of Brent/WTI spreads