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

Oct 22 (Reuters) - Physically traded U.S. crude broadly fell on Wednesday, dealers said, on the first 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 November to December traded at a midpoint of 65 cents a barrel.

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.

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

On the supply side, U.S. crude oil, gasoline and distillate inventories fell last week as refining activity and demand strengthened, the Energy Information Administration said.

Crude inventories fell by 961,000 barrels to 422.8 million barrels in the week ended October 17, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.2 million-barrel rise.

Light Louisiana Sweet WTC-LLS for November delivery fell 62 cents to a midpoint of a $1.53 premium and was seen bid and offered between a 75-cent and $2.30 a barrel premium to U.S. crude futures CLc1

Mars Sour WTC-MRS fell 15 cents to a midpoint of a $1.45 discount and was seen bid and offered between a $1.55 and $1.35 a barrel discount to U.S. crude futures CLc1

WTI Midland WTC-WTM fell 5 cents to a midpoint of a 25-cent premium and was seen bid and offered between a 15-cent and 35-cent a barrel premium to U.S. crude futures CLc1

West Texas Sour WTC-WTS rose 5 cents to a midpoint of a 65-cent discount and was seen bid and offered between a 75-cent and 55-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 December futures LCOc1 rose $1.27 to settle at $62.59 a barrel

WTI December crude CLc1 futures rose $1.26 to settle at $58.50 a barrel

The Brent/WTI spread WTCLc1-LCOc1 last traded at minus $4.08, after hitting a high of minus $3.99 and a low of minus $4.11