Heavy Louisiana Sweet Oil Premium Rose 85 Cents

- March 12th, 2012

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.

Click here to read the full Bloomberg report.

Leave a Reply