Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

April 29 (Bloomberg) -- Oils produced on the Gulf Coast weakened after domestic benchmark West Texas Intermediate trimmed its discount to Brent crude to the narrowest level since January 2012.

WTI sold for a $9.31-a-barrel discount to Brent based on settlement prices, according to data compiled by Bloomberg. When WTI strengthens versus Brent, it typically weakens the value of U.S. grades that compete with foreign crudes priced against the international benchmark.

The premiums for Light Louisiana Sweet and Heavy Louisiana Sweet over WTI both weakened by 15 cents to $11 a barrel and $11.25 a barrel, respectively, at 2:14 p.m. in New York, according to data compiled by Bloomberg.

Eugene Island crude and Bonito Sour weakened by 50 cents to $8.75 over WTI.

Poseidon’s premium weakened 5 cents to a $6.25 a barrel premium and Mars Blend also weakened 5 cents, to $6.75 a barrel over WTI. Southern Green Canyon strengthened 15 cents a barrel to a $5 premium.

The premium for Thunder Horse, which has a lower sulfur content than Mars, Poseidon and Southern Green Canyon, was unchanged at $9 a barrel over WTI.

Bakken was unchanged at a discount of $3.50 a barrel against WTI.

To contact the reporter on this story: Eliot Caroom in New York at

To contact the editor responsible for this story: Dan Stets at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.