Rail shipments of Bakken Shale crude oil continued to decline in June as the spreads between West Texas Intermediate (WTI) andBrent prices narrowed, averaging less than $2.00/bbl. Rail accounted for 47% and pipelines 46% of the 1.3 million b/d shipped from North Dakota and eastern Montana, said Justin Kringstad, director of the North Dakota Pipeline Authority. There were no large volume shifts month to month, but rail volumes are down significantly from June 2014.
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