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Brent's premium over U.S. oil at 8-month high

Friday, 22 Nov 2013 | 9:12 AM ET

NEW YORK, Nov 22 (Reuters) - European benchmark Brent oil's premium over U.S. benchmark West Texas Intermediate (WTI) surged on Friday to an 8-month high.

The Brent/WTI spread <CL-LCO1=R> widened by as much as $1.32 to $15.96, its widest mark since March 18, when it was more than $16.

The spread was last at $15.89 a barrel.

(Reporting by Jeanine Prezioso; Editing by Gerald E. McCormick)