Crude oil prices didnt move in the same direction during last week as Brent oil
price rose, while the price of WTI oil declined. The ongoing concerns revolving
the boycott of Iranian oil by the West may have been among the factors in
pulling these two energy prices apart. During last week, WTI oil price fell by
1.73% while Brent oil rose by 3.22%; as a result, the difference between Brent
and WTI sharply rose to $16.44/b on Friday.
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