NEW YORK, July 14 (Reuters) - Brent crude oil futures' premium against
benchmark U.S. West Texas Intermediate crude jumped to a record above $23 a
barrel on Thursday ahead of the Brent front-month August contract
expiration.
The WTI/Brent spread rose to $23.57, eclipsing the previous
record of $23.34 set June 25, according to Reuters data.
In London, ICE August Brent crude , which expires at the
session's close, traded down 64 cents at $118.14 a barrel, while U.S.
August crude was down $2.93 at $95.12 by 1:30 p.m. EDT (1730 GMT).
(Reporting by Gene Ramos; Editing by John Picinich)
