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Heavy Louisiana Oil Premium to Light Louisiana Sweet Crude Increased 20 Cents
Jan. 10, 2012 01:17PM PST
Resource InvestingBloomberg reported that gap between Heavy Louisiana Sweet oil premium and Light Louisiana Sweet crude raised to 20 cents to $1.50.
Bloomberg reported that gap between Heavy Louisiana Sweet oil premium and Light Louisiana Sweet crude raised to 20 cents to $1.50.
As quoted in the market news:
Light Louisiana Sweet (USCSLLSS)’s premium to West Texas Intermediate lost 20 cents to $11.50 a barrel. Heavy Louisiana Sweet (USCSHLSE)’s premium was unchanged at $13 over the U.S. benchmark.