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

HOUSTON, Dec 2 (Reuters) - U.S. cash crude grades were little changed on Tuesday, dealers said, as the spread between U.S. West Texas Intermediate crude and global benchmark Brent oil largely held steady.

WTI Midland and WTI at East Houston, also known as MEH, were unchanged, while Mars Sour eased 10 cents.

The spread between WTI and Brent settled at minus $4.07, unchanged from its open, after trading as high as minus $4.04 and as low as minus $4.11.

Meanwhile, U.S. crude stocks rose by 2.48 million barrels in the week ended November 28, market sources said, citing American Petroleum Institute figures on Tuesday.

Gasoline inventories rose by 3.14 million barrels, while distillate inventories rose by 2.88 million barrels from a week earlier, the sources said.

• Light Louisiana Sweet for January delivery eased 12.5 cents to a midpoint of a $1.75 premium and was seen bid and offered between a $1.50 and $2.00 a barrel premium to U.S. crude futures CLc1. ​

• Mars Sour eased 10 cents to a midpoint of a 50-cent discount and was seen bid and offered between a 75-cent and 25-cent a barrel discount to U.S. crude futures. ​

• WTI Midland was flat at 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.

• West Texas Sour eased 5 cents to a midpoint of a 80-cent discount and was seen bid and offered between a 90-cent and 70-cent a barrel discount to U.S. crude futures. ​

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

• ICE Brent February futures LCOc1 fell 72 cents to settle at $62.45 a barrel on Tuesday​.

• WTI January crude futures fell 68 cents to settle at $58.64 a barrel on Tuesday​.

• The Brent/WTI spread narrowed 3 cents to last trade at minus $4.07, after hitting a high of minus $4.04 and a low of minus $4.11.