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Published 3 years ago

USA Oil Prices Close Gap to Brent

Summary by Ground News

The U.S. oil market is reaching a crunch point. Despite a steady ramp up in demand in recent months, wildcatters in West Texas aren’t firing up rigs like they used to. This dynamic is pushing U.s. crude prices higher. It’s even raising the possibility that West Texas Intermediate oil could get neck-to-neck with global benchmark Brent.

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USA Oil Prices Close Gap to Brent

The U.S. oil market is reaching a crunch point.

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