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US Cash Crude-Brent/WTI spread at 7-week high, driving LLS values

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Physically traded domestic crude grades broadly fell on Friday with Light Louisiana Sweet bucking the wider downward trend, dealers said, while the Brent-WTI spread also widened. Light Louisiana Sweet, broadly considered the U.S. Gulf Coast benchmark, rose on Friday as the Brent/WTI spread widened to a $5.19 discount per barrel, the widest closing discount since ...

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