Extract from crude oil:
The WTI-Brent arb, which averaged -$9.73 for most of July trade, rallied to -$3.62 at close on 3 July. With Cushing pricing to refill, USGC crudes have also had to adjust. MEH took the biggest hit, falling by $2.67 w/w to just $1.65 at close on 3 July. This is the first st..