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U.S. Gulf Crude Premiums Rose as WTI-Brent Gap Widens by 85 Cents
Mar. 22, 2012 04:46PM PST
Resource InvestingBloomberg reported that U.S. Gulf Coast oil premiums rose after difference between West Texas Intermediate and Brent crude widened by 85 cents.
Bloomberg reported that U.S. Gulf Coast oil premiums rose after difference between West Texas Intermediate and Brent crude widened by 85 cents.
As quoted in the market news:
Brent’s premium over WTI, based on May futures contracts, widened by 85 cents to $17.78 a barrel at 2:27 p.m. in New York.