Brent falls as Keystone pipeline begins to work

Source: Bloomberg
© Scanpix/RS
The European benchmark Brent crude declined today with the Brent-WTI premium shrinking to the narrowest level since October after the Keystone XL pipeline started moving oil to Texas again and as inventories at storage hub have felt to 37.6 million barrels. Brent for delivery in February shed 46 cents to $108.33 per barrel on the London's ICE Futures Europe exchange.

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