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Links to previous press releases are below.

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US crude oil contango widens to five-month high


The discount on front-month US crude futures has moved to its widest in five months, with West Texas Intermediate futures for December delivery traded for 88 cents less than January on 23 October, the widest spread since 14 May 2015, Bloomberg reports. This followed the release of EIA data which showed that US domestic crude inventories were at a seasonal record high.