U.S. Gulf Coast Crude Premiums Rose 15 Cents

- May 22nd, 2012

Bloomberg reported that U.S. Gulf Coast crude premiums rose after the difference between West Texas Intermediate and Brent widened.

Bloomberg reported that U.S. Gulf Coast crude premiums rose after the difference between West Texas Intermediate and Brent widened.

As quoted in the market news:

Light Louisiana Sweet’s premium to WTI rose 15 cents to $13.15 a barrel as of 11:51 a.m. New York time, according to data compiled by Bloomberg. Heavy Louisiana Sweet’s premium widened 55 cents to a premium of $16.40.

Click here to read the full Bloomberg report.

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