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

Gulf Crudes Weaken After Shell Repairs Offshore Oil Pipeline

Crudes on the U.S. Gulf Coast weakened after Royal Dutch Shell Plc returned an offshore oil pipeline to normal operations after repairs.

Bonito Sour weakened by $2.75 a barrel to a premium of $7.75 over U.S. benchmark West Texas Intermediate at 1:49 p.m., according to data compiled by Bloomberg.

Royal Dutch Shell Plc returned to normal operations the Ship Shoal 22-inch pipeline between the No. 28 pump station and Gibson terminal in Louisiana, Destin Singleton, a company spokeswoman based in Houston, said by e-mail. The system can carry 390,000 barrels of oil a day into St. James, Louisiana.

Shell shut the pipeline, which along with Auger makes up the Bonito Sour stream, on Dec. 18, Kayla Macke, another company spokeswoman based in Houston, said by e-mail yesterday.

Mars Blend weakened by $2.50 a barrel to $5.50 more than WTI. Thunder Horse lost $5 to a $7,50 premium. Poseidon crude weakened $2.50 to $4.75 more than WTI, and Southern Green Canyon lost $3.50 to a $4.50 premium.

Light Louisiana Sweet, the light, sweet benchmark on the Gulf Coast, weakened by 40 cents to a premium of $10.60 a barrel over WTI. Heavy Louisiana Sweet strengthened by 35 cents to a $12.60 premium.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.