Heavy Louisiana Sweet’s Premium Rose to $11.15

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Bloomberg reported that the premiums for Light Louisiana Sweet and Heavy Louisiana Sweet oils rose after West Texas Intermediate crude’s discount to Brent widened 71 cents to settle at $9.53 a barrel.

Bloomberg reported that the premiums for Light Louisiana Sweet and Heavy Louisiana Sweet oils rose after West Texas Intermediate crude’s discount to Brent widened 71 cents to settle at $9.53 a barrel.

As quoted in the market news:

Light Louisiana Sweet’s premium above WTI increased 15 cents to $10.65 a barrel at 4:44 p.m. in New York, according to data compiled by Bloomberg. Heavy Louisiana Sweet’s premium added 60 cents to $11.15.

Click here to read the full Bloomberg report.

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