Americas Crude:Sellers dominate in USG sweets

摘要

Light sweet US Gulf crude markets began to weaken Monday as selling interest far outweighed buyers.Midland Light Sweet crude sold down to minus 20 cents/barrel for November delivery,falling over 20 cents/b on the day."I see several sellers and just the one buyer,"said one trader.Light Louisiana Sweet markets also weakened,although not as drastically as November deliver barrels sold down to 40 cents/b premium to cash WTI,with liquidity and volume traded very low.