U.S. Gulf Coast Oil Premiums Widened After Brent Crude Rose 0.6%

Bloomberg reported that U.S. Gulf Coast oil premiums widened after Brent crude rose 0.6 percent.

As quoted in the market news:

Heavy Louisiana Sweet’s premium to the U.S. benchmark widened $1.75 to $21 at 4:26 p.m. in New York. Light Louisiana Sweet’s premium to WTI added $2.05 cents to $20.30 a barrel.

Click here to read the full Bloomberg report.