Heavy Louisiana Oil Premium to Light Increases 90 Cents

Bloomberg reported that Heavy Louisiana Sweet oil surged 90 cents to $2.30 compared to the Light Louisiana Sweet grade.

As quoted in the market news:

Light Louisiana Sweet’s premium to WTI lost 20 cents to $10.45 a barrel at 12:08 p.m. in New York. Heavy Louisiana Sweet’s premium gained 70 cents to $12.75 over the U.S. benchmark.

Click here to read the full Bloomberg report.