U.S. Sweet, Sour Oil Price Spread Narrows on Strong Sour Demand

HOUSTON, June 20 (Reuters) – U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as demand for higher sulfur crudes climbed from refineries and exporters while supplies tightened. The spread between Light Louisiana Sweet and Mars sour crude, both priced in Louisiana, narrowed to $1.70 a barrel last week from about … Read more

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