US Cash Crude-Grades fall as domestic crude stocks seen up last week, poll shows

Oct 20 (Reuters) - Grades broadly fell on Monday, dealers said, as U.S. crude oil stockpiles were expected to have risen last week, a preliminary Reuters poll on Monday showed.

Five analysts polled by Reuters ahead of weekly inventory data estimated on average that crude inventories rose by about 1.5 million barrels in the week to October 17.

On the demand side, U.S. oil refiners are expected to have about 1.1 million barrels per day of capacity offline in the week ending October 24, increasing available refining capacity by 196,000 bpd, research company IIR Energy said on Monday.

Offline capacity is expected to fall to 981,000 bpd in the week ending October 31, IIR said.

Meanwhile, oil futures settled at their lowest since early May on Monday as investors weighed a potential global glut, with U.S.-China trade tensions adding to concerns about an economic slowdown and weaker energy demand. O/R

Light Louisiana Sweet WTC-LLS for November delivery rose 5 cents to a midpoint of a $2.15 premium and was seen bid and offered between a $2.00 and $2.30 a barrel premium to U.S. crude futures CLc1

Mars Sour WTC-MRS fell 30 cents to a midpoint of a $1.35 discount and was seen bid and offered between a $1.45 and $1.25 a barrel discount to U.S. crude futures CLc1

WTI Midland WTC-WTM fell 25 cents to a midpoint of a 30-cent premium and was seen bid and offered between a 20-cent and 40-cent a barrel premium to U.S. crude futures CLc1

West Texas Sour WTC-WTS fell 42 cents to a midpoint of a 70-cent discount and was seen bid and offered between an 80-cent and 60-cent a barrel discount to U.S. crude futures CLc1

WTI at East Houston WTC-MEH, also known as MEH, traded between a 55-cent and 75-cent a barrel premium to U.S. crude futures CLc1

ICE Brent December futures LCOc1 fell 28 cents to settle at $61.01 a barrel

WTI November crude CLc1 futures fell 2 cents to settle at $57.52 a barrel

The Brent/WTI spread WTCLc1-LCOc1 narrowed to last trade at minus $4, after hitting a high of minus $3.97 and a low of minus $4.16