GREY:LSTMF - Post by User
Post by
peplareon Feb 05, 2015 5:21pm
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Post# 23401449
Less build at Cushing
Less build at CushingThe rally accelerated towards noon, after oil services firm Genscape reported a 550,000 barrel build in crude stockpiles at the Cushing, Oklahoma, delivery point for WTI in the four days since Jan. 30. Traders had expected above 1 million barrels.. . The smaller-than-expected Cushing build sharply narrowed the discount in WTI's front month to the second month. Brent premium's to WTI meanwhile, rose to over $6 a barrel, its widest since early November..