Grades weaken as Brent/WTI spread contracts

Capt. John

U.S. cash crude differentials mostly weakened on Monday as the spread between benchmark U.S. crude futures and Brent contracted, dealers said. Coastal grades including Louisiana light Sweet (LLS) and Mars eased as the Brent/WTI spread narrowed by 7 cents a barrel. A narrow spread typically makes U.S.-crude linked coastal grades less attractive to international buyers …

The post Grades weaken as Brent/WTI spread contracts first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/grades-weaken-as-brent-wti-spread-contracts/

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