Bloomberg News

Goldman Sachs Says Widening of Brent-WTI Oil Spread Won’t Last

August 21, 2012

The widening spread between WTI crude in the U.S. and Brent in London is “not sustainable” because shipments into the Cushing storage hub in Oklahoma will slow, according to Goldman Sachs Group Inc.

To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net

To contact the editor responsible for this story: Rachel Graham at rgraham13@bloomberg.net


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