U.S. Gulf Coast Oil Premiums Gained

- January 30th, 2012

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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