Americas crude:USG sweets spurn change in WTI/Brent

摘要

Most US Gulf sweet grades rose Tuesday despite the return of the WTI/Brent spread into positive territory.The cash WTI/Brent spread settled Tuesday at plus 3 cents,from Monday's minus 18 cents.The inversion of this spread would have meant that foreign imports would now be affordable to US refiners,therefore putting pressure on US domestic sweet crudes.