US Cash Crude-Grades broadly up as domestic refinery demand grows

HOUSTON, Dec 1 (Reuters) - U.S. crudes broadly rose on Monday, dealers said, on growing refinery demand.

U.S. oil refiners are expected to have about 54,000 barrels per day of capacity offline in the week ending December 5, increasing available refining capacity by 133,000 bpd, research company IIR Energy said.

Offline capacity is expected to remain unchanged at 54,000 in the week ending December 12, IIR said.

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

The discount WTCLc1-LCOc1 traded as wide as minus $4.16 a barrel, suggesting an open arbitrage window.

• Light Louisiana Sweet for January delivery rose 35 cents to a midpoint of a $1.88 premium and was seen bid and offered between a $1.60 and $2.15 a barrel premium to U.S. crude futures CLc1 ​

• Mars Sour rose 40 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 rose 5 cents to a midpoint of a 60-cent premium and was seen bid and offered between a 50-cent and 70-cent a barrel premium to U.S. crude futures CLc1 ​

• West Texas Sour fell 17 cents to a midpoint of a 75-cent discount and was seen bid and offered between an 85-cent and 65-cent a barrel discount to U.S. crude futures CLc1 ​

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

• ICE Brent February futures LCOc1 rose 79 cents to settle at $63.17 a barrel

• WTI January crude CLc1 futures rose 77 cents to settle at $59.32 a barrel

• The Brent/WTI spread last traded at minus $4.09, after hitting a high of minus $4.07 and a low of minus $4.16