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Business Week reported that U.S. Gulf Coast crude premiums strengthened after WTI’s discount to Brent surged 75 cents to $13.59.
Business Week reported that U.S. Gulf Coast crude premiums strengthened after WTI’s discount to Brent surged 75 cents to $13.59.
As quoted in the market news:
Heavy Louisiana Sweet oil’s premium weakened $1 a barrel to $13.10, and Thunder Horse fell 20 cents to a premium of $10.80 a barrel versus WTI.