Americas crude:Sweet crudes rebound in Gulf

摘要

Sweet crudes rebounded Wednesday,after a heavy sell off Tuesday,following a narrowing in the NYMEX crude intermonth spreads,market sources said.The NYMEX March/April spread was last talked at US1.17/bbl,compared with the close Tuesday at US1.28.Early Tuesday,spreads were talked as wide as US1.85.March LLS traded at 68-60 cts under WTI,compared with Tuesday's broad range at US1.00-0.50 under WTI.HLS also rebounded in line with LLS,although gains were more moderate.Sources said buyers in HLS were still undergoing maintenance,and that more buying interest would likely return once these repairs were complete,and stocks run lower.HLS traded at US1.65-1.55 under.