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BK

California crude oil brings highest price

BillKidd in Oil (General)

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BillKidd    + 139

BK

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.

https://www.oilmonster.com/crude-oil-prices/united-states/1

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