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Oct 25, 2014

US Spot Crude: Oil Blends Differentials Mixed; Oil Futures Drop

Published: Feb 28, 2012

HOUSTON (Dow Jones)--Premiums for April delivery of Gulf Coast crude were mixed Tuesday as oil futures dropped.

Light, sweet crude for April delivery settled $2.01, or 1.9%, lower at $106.55 barrel on the New York Mercantile Exchange. April Brent crude on the ICE futures exchange settled down $2.62, or 2.1%, at $121.55 a barrel.

Light Louisiana Sweet crude deals were done at $16.60 and $16.75 over West Texas Intermediate crude, down 25 cents from Monday.

Deals for Heavy Louisiana Sweet crude were done at a premium of $19.40, up 90 cents.

Mars crude traded at plus $12.15 and plus $12.75, down 30 cents. Mars crude for May delivery traded plus $12.

Bonito crude traded at plus $14.50.

West Texas Sour crude traded at minus $3.

Thunderhorse crude traded at plus $16.15 and plus $16.40, up 40 cents.

(US spot crude price table is available on page 8819.)

-By Isabel Ordonez, Dow Jones Newswires; 713-547-9207; isabel.ordonez@dowjones.com

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NATURAL GAS STORAGE*
EIA report for week ending 10-10-2014 Our prediction for week ending 10-17-2014
3299 3390
Weekly change
+94up +91upest

Commodity Prices ($)

Natural Gas4.167
Crude Oil93.64
Heating Oil2.9017
RBOB Gas2.8118
Coal59.03