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

    Investing News Network
    Jan. 19, 2012 03:40PM PST
    Resource Investing

    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.

    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.

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