West Texas And Oklahoma

Flooding and travel delays were expected from Texas to Kentucky during for the rest of US holiday weekend, forecasters and law enforcement authorities said on Saturday, as bad weather was blamed for deaths on icy and flooded roads.

Solid US data and better access to inventories held at the Cushing, Oklahoma, delivery hub has helped West Texas Intermediate to outperform Brent by 9 per cent since the start of this year, ANZ analysts said in a note on Monday.

Worries about the euro zone, already roiled by Greek political chaos, mounted as Spain slipped into a recession, pushing the euro to a four-month low while sluggish data out of the United States sent worrisome signs about a still-fragile recovery at the world's largest economy and top oil consumer.

Flooding and travel delays were expected from Texas to Kentucky during for the rest of US holiday weekend, forecasters and law enforcement authorities said on Saturday, as bad weather was blamed for deaths on icy and flooded roads.

Solid US data and better access to inventories held at the Cushing, Oklahoma, delivery hub has helped West Texas Intermediate to outperform Brent by 9 per cent since the start of this year, ANZ analysts said in a note on Monday.

Worries about the euro zone, already roiled by Greek political chaos, mounted as Spain slipped into a recession, pushing the euro to a four-month low while sluggish data out of the United States sent worrisome signs about a still-fragile recovery at the world's largest economy and top oil consumer.