Nov 13 (Reuters) - The premium for storing U.S. crude oil for one year over crude for immediate delivery has grown to its widest since mid-August, Reuters charts showed on Friday.
The December 2016 contract for the U.S. West Texas Intermediate (WTI) was trading at nearly $7.50 a barrel above December 2015
Traders attributed the spike to a rush to store oil as U.S. crude's fundamentals in the near-term worsen from rising inventories. (Reporting By Barani Krishnan)
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