US Cash Crude-Grades mixed as supplies seen up, WTI/Brent spread widens

Nov 3 (Reuters) - Grades were mixed on Monday, dealers said, with inland grades rising while coastal crudes slipped.

U.S. crude oil stockpiles were expected to have risen last week, while gasoline and distillate inventories likely fell, a preliminary Reuters poll showed on Monday.

Five analysts polled by Reuters ahead of weekly inventory data estimated on average that crude inventories rose by about 500,000 barrels in the week to October 31.

Meanwhile, the spread between West Texas Intermediate crude futures and global benchmark Brent widened, which typically makes U.S. grades more attractive to foreign buyers.

The discount WTCLc1-LCOc1 widened to as much as minus $4.19 a barrel, suggesting an open arbitrage window.

Light Louisiana Sweet WTC-LLS for December delivery fell 10 cents to a midpoint of a $1 premium and was seen bid and offered between a 90-cent and $1.10 a barrel premium to U.S. crude futures CLc1

Mars Sour WTC-MRS fell 25 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 rose 5 cents to a midpoint of a 55-cent premium and was seen bid and offered between a 45-cent and 65-cent a barrel premium to U.S. crude futures CLc1

West Texas Sour WTC-WTS rose 50 cents to a midpoint of a 10-cent discount and was seen bid and offered between a discount of 25 cents and 5-cent a barrel premium to U.S. crude futures CLc1

WTI at East Houston WTC-MEH, also known as MEH, traded between a 75-cent and 95-cent a barrel premium to U.S. crude futures CLc1

ICE Brent January futures LCOc1 rose 6 cents and is currently trading at $64.83 a barrel on Monday

WTI December crude CLc1 futures rose 7 cents to settle at $61.05 a barrel on Monday

The Brent/WTI spread WTCLc1-LCOc1 narrowed 4 cents to last trade at minus $4.13, after hitting a high of minus $4.11 and a low of minus $4.19