US Cash Crude-Grades fall as market braces for more OPEC+ barrels

Aug 5 (Reuters) - Grades fell on Tuesday, dealers said, as the market braced itself for more OPEC+ barrels to enter the market next month, but losses were curbed as domestic crude stocks fell.

The Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed on Sunday to raise oil production by 547,000 barrels per day for September, a move that will end its most recent output cut earlier than planned.

U.S. crude and gasoline inventories fell last week, while distillate stockpiles rose, market sources said, citing American Petroleum Institute figures.

Crude stocks fell by 4.2 million barrels in the week ended August 1, the sources said on condition of anonymity. Gasoline inventories fell by 860,000, while distillate inventories rose by 1.6 million barrels, the sources said.

* Light Louisiana Sweet WTC-LLS for September delivery fell 13 cents to a midpoint of a $1.85 premium and was seen bid and offered between a $1.70 and $2 a barrel premium to U.S. crude futures CLc1

* Mars Sour WTC-MRS fell 50 cents to a midpoint of a 50-cent discount and was seen bid and offered between a 60-cent and 40-cent a barrel discount to U.S. crude futures CLc1

* WTI Midland WTC-WTM was unchanged at a midpoint of a 35-cent premium and was seen bid and offered between a 25-cent and 45-cent a barrel premium to U.S. crude futures CLc1

* West Texas Sour WTC-WTS was unchanged at a midpoint of a 25-cent discount and was seen bid and offered between a 30-cent and 20-cent a barrel discount to U.S. crude futures CLc1

* WTI at East Houston WTC-MEH, also known as MEH, traded between a 45-cent and 65-cent a barrel premium to U.S. crude futures CLc1

* ICE Brent October futures LCOc1 fell $1.12 to settle at $67.64 a barrel

* WTI September crude CLc1 futures fell $1.13 to settle at $65.16 a barrel

* The Brent/WTI spread WTCLc1-LCOc1 narrowed 1 cent to last trade at minus $3.45, after hitting a high of minus $3.42 and a low of minus $3.50