The front-month ICE Brent/NYMEX futures spread crossed the $10/b mark at the Asian close on Tuesday for the first time since June, as the uncertainties surrounding the impact of US sanctions on Iran has started to inject volatility into Brent crude prices. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The November ICE Brent/NYMEX spread stood at $10.36/b at 4:30 pm Singapore time (0830 GMT) on Tuesday, S&P Global Platts’ data showed. The spread was last higher on June 12, when it stood at $10.56/b, Platts’ data showed. The spread, however, lost some steam later Tuesday, as the November NYMEX contract price climbed in anticipation of demand spikes ahead of Hurricane Florence’s arrival on the East Coast later this week. The November Brent/NYMEX futures spread settled at $10.02/b on Tuesday, and as at 0600 GMT Wednesday was at $9.79/b Prompt-month Brent futures had […]