Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Gulf Coast Crudes Strengthen in Light Trading as Contracts Roll

April 25 (Bloomberg) -- Domestic crudes strengthened against the benchmark West Texas Intermediate in light trading during the last day for May delivery.

Light Louisiana Sweet’s premium strengthened 75 cents to $11.75 a barrel over domestic benchmark West Texas Intermediate at 2:07 p.m. in New York, according to data compiled by Bloomberg. Heavy Louisiana Sweet gained 70 cents to $11.55 over WTI.

Poseidon’s premium gained 35 cents to $5.65. Southern Green Canyon strengthened by 10 cents to a $5.25 premium. Mars Blend strengthened 75 cents a barrel to $6.25 over the benchmark.

The premium for Thunder Horse, which has a lower sulfur content than Mars, Poseidon and Southern Green Canyon, was unchanged at $8.60 a barrel.

Premiums for Eugene Island crude and Bonito Sour were unchanged at $8.25 and $7.70 a barrel over WTI, respectively.

Bakken strengthened by 25 cents to a discount of $3.50 a barrel against WTI.

To contact the reporter on this story: Eliot Caroom in New York at ecaroom@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.