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Bloomberg reported that Heavy Louisiana Sweet oil premium rose 85 cent due to a bigger gap between West Texas Intermediate and Brent.
Bloomberg reported that Heavy Louisiana Sweet oil premium rose 85 cent due to a bigger gap between West Texas Intermediate and Brent.
As quoted in the market news:
Light Louisiana Sweet’s (USCSLLSS) premium to WTI, the U.S. benchmark, widened 75 cents to $20 a barrel at 11:45 a.m. in New York, according to data compiled by Bloomberg. Heavy Louisiana Sweet (USCSHLSE) added 85 cents, to a premium of $21.85.