Brent Gives Back Gains, WTI Moves Higher

摘要

The new front-month Brent February contract spent most of Thursday in positive territory before it gave up the momentum it had built over the last few days and closed slightly down. US benchmark West Texas Intermediate (WTI) remained in solid demand and ended the day higher, which further narrowed its discount to Brent in a sign that export markets are pulling at US crude.