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.