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US Cash Crude-Grades fall on second day of volatile roll trade period

ReutersSep 24, 2025 8:50 PM

- Physically traded domestic crude grades were down on Wednesday, dealers said, on the second full day of the volatile roll trading period.

Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. crude futures contract.

Prices to roll U.S. crude oil futures positions from October to November traded at a midpoint of 50 cents a barrel.

U.S. oil refiners are expected to have about 1 million barrels per day of capacity offline in the week ending September 26, decreasing available refining capacity by 249,000 bpd, research company IIR Energy said.

Offline capacity is expected to increase to about 1.2 million bpd in the week ending October 3, IIR added.

U.S. crude and fuel inventories fell last week amid an uptick in demand, the Energy Information Administration said on Wednesday.

Crude inventories fell by 607,000 barrels to 414.8 million barrels in the week ended September 19, the EIA said, compared with analysts' expectations in a Reuters poll for a 235,000-barrel rise.

Light Louisiana Sweet WTC-LLS for October delivery fell 18 cents to a midpoint of a $2.20 premium and was seen bid and offered between a $2.00 and $2.40 a barrel premium to U.S. crude futures CLc1

Mars Sour WTC-MRS fell 10 cents to a midpoint of a 40-cent discount and was seen bid and offered between a 50-cent and 30-cent a barrel discount to U.S. crude futures CLc1

WTI Midland WTC-WTM fell 5 cents to a midpoint of a $1.10 premium and was seen bid and offered between a $1 and $1.20 a barrel premium to U.S. crude futures CLc1

West Texas Sour WTC-WTS fell 10 cents to a midpoint of a 15-cent discount and was seen bid and offered between a discount of 20 cents and 10-cent a barrel premium to U.S. crude futures CLc1

WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.60 and $1.80 a barrel premium to U.S. crude futures CLc1

ICE Brent November futures LCOc1 rose $1.68 to settle at $69.31 a barrel

WTI November crude CLc1 futures rose $1.58 to settle at $64.99 a barrel

The Brent/WTI spread WTCLc1-LCOc1 widened to last trade at minus $4.32, after hitting a high of minus $4.19 and a low of minus $4.32

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