us crudes gain on subdued supply

摘要

Midland-quality WTI priced at the US Gulf coast rose to a four-month-high pre- mium to Cushing, Oklahoma, values as regional stocks fell. WTI Houston and the AGS?index?diferential?to?Nymex?rose?by?24c/bl?each?to?premiums?to?WTI?Cushing? of?99c/bl?and?89c/bl,?respectively.?Both?are?the?highest?since?19?April?following?a? 2.59mn?bl?draw?in?US?Gulf?inventories?to?228mn?bl?in?the?week?to?3?September.? Waterborne WTI rose against pipeline WTI Houston, improving arbitrage econom- ics.?WTI?fob?Houston?frmed?by?23c/bl?to?a?$1.43/bl?discount?to?Ice?December? Brent,?while?rising?by?19c/bl?to?a?26c/bl?premium?to?October?WTI?Houston.