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Bloomberg reported that U.S. Gulf Coast oil premiums widened 79 cents to $12.16 a barrel.
Bloomberg reported that U.S. Gulf Coast oil premiums widened 79 cents to $12.16 a barrel.
As quoted in the market news:
The spread widened 79 cents to $12.16 a barrel based on settlement prices. When Brent increases versus WTI, it strengthens the value of low-sulfur U.S. grades that compete with West African oil priced against the European benchmark.
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| Commodities | |||
|---|---|---|---|
| Gold | 1992.96 | -0.66 | |
| Silver | 25.14 | -0.10 | |
| Copper | 4.07 | -0.02 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 78.36 | -0.80 | |
| Heating Oil | 2.52 | -0.02 | |
| Natural Gas | 2.19 | -0.03 | |
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