Heavy Louisiana Sweet Dropped 35 Cents to $12.15

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.

Click here to read the full Bloomberg report.