New York and London oil futures markets are sending a dangerously misleading signal to the real world, according to a growing number of analysts and physical traders. The message: the United States wants more oil. Oil derivatives traders have bid U.S. benchmark West Texas Intermediate crude to a premium versus global market Brent for the first time since the shale boom began in 2010, a rally that emerged after the abrupt end of an export ban that producers said had forced them to sell domestic oil at below-market rates. As a result of the inversion, which is now evident in every contract out to August 2017, importing light, sweet crude to the United States has become economical for the first time in years. Vessels carrying up to 500,000 barrels of day of Norwegian and Nigerian crude are […]