Europe lags behind US, Asia

摘要

Signs that the US economic recovery is well under way supported light sweet marker WTI. The US benchmark is proving to be more resilient than Atlantic basin marker North Sea Dated. WTI rose by 12￠/bl to $97.50/bl in the week to 12 December, but North Sea Dated shed $3.23/bl to $108.95/bl. The spread between the grades narrowed to $11.45/bl, down by $7.32/bl since the