US Cash Crude-Grades broadly slip, Mars rises for fourth straight day

Feb 13 (Reuters) - Grades broadly slipped on Thursday, dealers said, with Mars Sour bucking the broader downward trend, rising for the fourth straight session.

North Dakota oil output is estimated to be down currently by 50,000 to 80,000 barrels per day due to frigid temperatures, the state regulator said on Thursday.

Oil production had been down 60,000 to 90,000 bpd on Tuesday, owing to the cold weather and operations challenges, said Justin Kringstad, director of North Dakota Pipeline Authority.

India will be buying oil from the United States, President Donald Trump said on Thursday, speaking alongside Indian Prime Minister Narendra Modi at the White House.

Trump told reporters he planned to discuss trade with the Indian leader, while Modi said he would prioritize the national interest of India in their meeting.

Light Louisiana Sweet WTC-LLS for March delivery fell 15 cents to a midpoint of a $3.20 premium and was seen bid and offered between a $3.00 and $3.40 a barrel premium to U.S. crude futures CLc1

Mars Sour WTC-MRS rose 20 cents to a midpoint of a $1.80 premium and was seen bid and offered between a $1.60 and $2 a barrel premium to U.S. crude futures CLc1

WTI Midland WTC-WTM fell 10 cents to a midpoint of a $1.20 premium and was seen bid and offered between a $1.10 and $1.30 a barrel premium to U.S. crude futures CLc1

West Texas Sour WTC-WTS fell 10 cents to a midpoint of a 88-cent premium and was seen bid and offered between a 80-cent and 95-cent a barrel premium to U.S. crude futures CLc1

WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.30 and $1.50 a barrel premium to U.S. crude futures CLc1

ICE Brent April futures LCOc1 fell 16 cents to settle at $75.02 a barrel

WTI March crude CLc1 futures fell 8 cents to settle at $71.29 a barrel

The Brent/WTI spread WTCLc1-LCOc1 narrowed 9 cents to last trade at minus $3.85, after hitting a high of minus $3.83 and a low of minus $3.94