Sign in to follow this  
Followers 0

California crude oil brings highest price

Recommended Posts

What got me to looking was Murphy Oil had a new presentation come out today and I noted that they said something about LLS (Light Louisiana Sweet) pricing being WTI+$9. I checked the site below and it showed about a +$4.50 differential. Really good, but not $9. I don't know where they got that. Unless it's a hedge or something. Anyone know why LLS brings a premium to WTI? Is it quality or proximity to port or what?

I noticed that California crude oil prices are the highest I saw. I guess it's good stuff lol.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0