Americas crude:US Gulf in a steep climb

摘要

In the USGC,most crudes rose sharply,taking leads from a widening in the contango,although some gains were erased towards close,as the prompt intermonth spread narrowed back in,market sources said Thursday.August-delivery LLS began the day with deals reported at 60-75 cts premium,however,towards the close of business,prices weakened to plus 30 cts.On Wednesday,this grade traded at 23-35 cts over.August-delivery HLS traded at 70-40 cts under cash WTI,from Wednesday's 85 cts under.August Midland reportedly traded at plus 40 cts but details were sketchy.August-delivery Mars traded at 4.80-4.50 under cash WTI,from Wednesday's 5.25-5.00 under.August-delivery WTS traded at 1.90-1.80 under cash WTI,from Wednesday's 2.30-2.25 under.August-delivery Poseidon traded at 4-3.50 under cash WTI,from Wednesday's 3.85-3.75 under.EIC traded at 2.75 under,while Bonito traded at 2.60-2.50 under.