Crude oil extends strength in European session as the market pays more attention to macroeconomic data while growth threats from Eurozone’s sovereign crisis. Stock markets in Asia and Europe rally and trigger buying interests in oil. WTI crude oil jumps to 73.67, trading at a premium to Brent crude (73.56) for the first time since April 12.
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Crude Oil Rally Accelerates, WTI- Brent Spread Returns to Positive
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