US oil loses more ground

Spread between Brent and WTI hits three-year high on surge in US crude output

Widening gap: US crude prices fell in early trade while Brent continued to climb higher widening the spread between the two benchmarks
Widening gap: US crude prices fell in early trade while Brent continued to climb higher widening the spread between the two benchmarks
Published 1 June 2018, 05:21Updated 1 June 2018, 13:33