US Crude Flow to Europe Slumps

US crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for US barrels, according to Refinitiv Eikon data and analysts. 
The spread between US crude and Brent has narrowed sharp…

US crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for US barrels, according to Refinitiv Eikon data and analysts.  The spread between US crude and Brent has narrowed sharply from above $10 per barrel in November to $6....