Brent falls pushing the WTI-Brent spread to $6.38

The European benchmark Brent crude slipped on Friday session with the WTI-Brent discount narrowing to $6.38 today from January's level of $8.91 after inventories in the U.S. shrank and as maintenance season may bring lower demand. Brent for delivery in April dropped as much as 34 cents to $108.62 per barrel on the London's ICE.