Gulf Coast Crude Oil Grades Dropped Against Benchmark WTI

- May 24th, 2012

Bloomberg reported that Gulf Coast crude oil grades dropped against benchmark WTI.

Bloomberg reported that Gulf Coast crude oil grades dropped against benchmark WTI.

As quoted in the market news:

Heavy Louisiana Sweet’s premium to WTI dipped $3.50 to $11.50 a barrel at 2:02 p.m. New York time, according to data compiled by Bloomberg. That’s the lowest level since January. Light Louisiana Sweet’s premium dropped $2.75 cents to $10.

Click here to read the full Bloomberg report.

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