Heavy Louisiana Sweet’s Premium Rose to $11.15

- December 6th, 2011

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.

Leave a Reply