U.S. Gulf Coast Oil Premiums Gained After WTI-Brent Gap Increased

Bloomberg reported that the premiums for U.S. Gulf Coast oils gained after the gap between U.S. benchmark West Texas Intermediate and Brent crude increased.

As quoted in the market news:

The gap between the two oils for March delivery increased $1.10 to $11 at 2:34 p.m. in New York.

Click here to read the full Bloomberg report.