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

- February 23rd, 2012

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

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.

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