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    Heavy Louisiana Sweet Oils Premiums Increased

    Written by Investing News Network
    |
    Feb. 29, 2012 03:49PM PST

    Bloomberg reported that Light Louisiana Sweet and Heavy Louisiana Sweet oils premiums increased after the gap between WTI and Brent widened.

    Bloomberg reported that Light Louisiana Sweet and Heavy Louisiana Sweet oils premiums increased after the gap between WTI and Brent widened.

    As quoted in the market news:

    Light Louisiana Sweet (USCSLLSS)’s premium to WTI added 65 cents to $17.30 a barrel as of 11:57 a.m. in New York, according to data compiled by Bloomberg. Heavy Louisiana Sweet increased 35 cents to a premium of $19.75.

    Click here to read the full Bloomberg report.

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