U.S. Gulf Coast Oil Premiums Gained

Oil and Gas Investing

Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.

Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.

As quoted in the market news:

the U.S. Gulf Coast, Light Louisiana Sweet (USCSLLSS)’s premium to WTI gained 20 cents to $10.30 a barrel at 12:47 p.m. Heavy Louisiana Sweet (USCSHLSE) increased 40 cents to $12.90 over the U.S. benchmark.

Click here to read the full Bloomberg report.

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