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Light Louisiana Sweet Oil Premium to WTI Rose 10 Cents
Dec. 14, 2011 11:36AM PST
Oil and Gas InvestingBloomberg reported that light Louisiana Sweet oil’s premium rose compared to the premium for Heavy Louisiana Sweet crude.
Bloomberg reported that light Louisiana Sweet oil’s premium to WTI rose compared to the premium for Heavy Louisiana Sweet crude.
As quoted in the market news:
Heavy Louisiana Sweet’s premium narrowed 60 cents to $11.30 a barrel at 12:50 p.m. in New York, according to data compiled by Bloomberg. Light Louisiana Sweet’s premium to WTI widened 10 cents to $11.50 a barrel.
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