Bloomberg News

Brent’s Premium to West Texas Intermediate Narrows a Third Day

November 04, 2011

Nov. 4 (Bloomberg) -- North Sea Brent crude futures’ premium to West Texas Intermediate, the U.S. benchmark, narrowed for a third day.

The difference between front-month Brent on the ICE Futures Europe exchange and WTI on the New York Mercantile Exchange decreased to $16.61 a barrel as of 8:17 a.m. London time from $16.76 at yesterday’s settlement, according to data compiled by Bloomberg.

To contact the reporter on this story: John Buckley in Amsterdam at johnbuckley@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net -0- Nov/04/2011 08:18 GMT


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