World News: 00:00 GMT Saturday 18th May 2019. [Yahoo Business News Feed via SPi World News]
Prices for actual barrels from the North Sea, Asia, and the Americas are now trading at the highest in half a decade. Key price spreads that show how urgently oil refineries need benchmark Brent barrels are soaring. The list of known supply curbs and disruptions is growing, and traders are now also having to contend with mounting tensions in the Persian Gulf--the world’s largest export region.
Read More: https://finance.yahoo.com/news/physical-oil-traders-desperate-crude-230000747.html
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