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Bloomberg reported that U.S. Gulf Coast oil premiums wavered after premium of Brent to WTI dropped 12 cents to $10.88.
Bloomberg reported that U.S. Gulf Coast oil premiums wavered after premium of Brent to WTI dropped 12 cents to $10.88.
As quoted in the market news:
In the U.S. Gulf Coast, Light Louisiana Sweet’s premium to WTI gained 50 cents to $11 a barrel at 11:51 a.m. Heavy Louisiana Sweet decreased 35 cents to $12.15 over the U.S. benchmark.