The gap between US crude and Brent oil futures hit an 11-year high on Wednesday, as attacks on oil infrastructure in the Middle East drove the global index higher, while rising supplies in the US paved the way for increased oil exports.
Oil Price Gap Hits 11-Year High
The gap between US crude and Brent oil futures hit an 11-year high on Wednesday, driven by attacks on oil infrastructure in the Middle East and rising US supplies.