Light Louisiana Sweet And Heavy Louisiana Sweet Oil Premiums Declined

Bloomberg reported that Light Louisiana Sweet and Heavy Louisiana Sweet oil premiums declined as the gap between West Texas Intermediate and Brent narrowed.

As quoted in the market news:

Light Louisiana Sweet’s (USCSLLSS) premium to WTI narrowed $1 to $19.25 a barrel at 4:08 p.m. in New York, according to data compiled by Bloomberg. Heavy Louisiana Sweet (USCSHLSE) weakened $1 to a premium of $21.

Click here to read the full Bloomberg report.