U.S. Gulf Coast Crude Premiums Strengthen

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.

Click here to read the full Business Week report.