HOUSTON, Dec 26 (Reuters) - U.S. cash crudes contracts slid
on Friday in thin markets, traders said.
Light Louisiana Sweet lost $4.60 to a bid-offer spread of $3.05/$3.40 per barrel over West Texas Intermediate . Mars sour was seen unchanged at even/+50 cents.
The scarcity of deals Friday means most traders were finished and their January pipeline-deliveries scheduled before the Christmas holiday.
On the West Coast, Alaska North Slope crude stayed $5.60 under WTI Tuesday, and buyers raised their offers for California crude by $2.35 a barrel to match, mirroring gains in WTI. ==============================================================
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(Reporting by Erwin Seba; Editing by Marguerita Choy)
((erwin.seba@thomsonreuters.com; +1 713 210 8508; Reuters Messaging: erwin.seba.reuters.com@reuters.net)) Keywords: MARKETS USCRUDE (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Light Louisiana Sweet lost $4.60 to a bid-offer spread of $3.05/$3.40 per barrel over West Texas Intermediate . Mars sour was seen unchanged at even/+50 cents.
The scarcity of deals Friday means most traders were finished and their January pipeline-deliveries scheduled before the Christmas holiday.
On the West Coast, Alaska North Slope crude stayed $5.60 under WTI Tuesday, and buyers raised their offers for California crude by $2.35 a barrel to match, mirroring gains in WTI. ==============================================================
DATA LINKS: Energy Speed Guide Crude Speed Guide NYMEX WTI futures ICE Brent futures US crude prices US crude differentials Freight rates
NEWS LINKS: NYMEX Market reports ICE market reports US Cash crude deals Foreign crude deals Dirty tanker news Dirty tanker fixtures Weekly US oil data US crude outlook US Refinery outages US Cash oil products US products outlook ............................................................
(Reporting by Erwin Seba; Editing by Marguerita Choy)
((erwin.seba@thomsonreuters.com; +1 713 210 8508; Reuters Messaging: erwin.seba.reuters.com@reuters.net)) Keywords: MARKETS USCRUDE (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.