U.S. Gulf Coast Oil Prices Mixed as WTI-Brent Lowered 10 Cents
Bloomberg reported that U.S. Gulf Coast oil premiums were mixed after the gap between WTI and Brent lowered 10 cents to $11.43 at 12:39 p.m.
As quoted in the market news:
In the U.S. Gulf Coast, Light Louisiana Sweet (USCSLLSS)’s premium to WTI added 40 cents to $11.30 a barrel. Heavy Louisiana Sweet (USCSHLSE) decreased 65 cents to $12.85 over the U.S. benchmark.
Click here to read the full Bloomberg report.
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Mon, Jan 23, 2012
Post by Anne Bagchi, Heavy Oil Researcher