US Cash Crude-US inland domestic grades firm for a second straight day

Baker Hughes

03/09/2026 21:55

HOUSTON, Sept 3 (Reuters) - U.S. inland domestic grades firmed for a second straight day on Thursday, dealers said, after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to Middle East supplies. 
WTI Midland firmed to its highest level in more than three months, while WTI at East Houston, also known as MEH, rose to its highest in nearly two months.
Six commodity vessels transited the Strait of Hormuz on Wednesday, down from 11 a day earlier and well below the 10-day average of around 13, preliminary shipping data showed on Thursday.
Meanwhile, Saudi Arabia left the October Arab Light crude oil official selling price unchanged at the lowest level since 2020, according to a Saudi Aramco pricing statement released on Thursday.
Light Louisiana Sweet for October delivery eased to a midpoint of a $4.00 premium and was seen bid and offered between a $3.00 and $5.00 a barrel premium to U.S. crude futures CLc1.
Mars Sour eased to a midpoint of a $4.50 premium and was seen bid and offered between a premium of $4.25 and $4.75 a barrel to U.S. crude futures CLc1.
WTI Midland rose to a midpoint of a $1.4 premium and was seen bid and offered between a $1.20 and $1.60 a barrel premium to U.S. crude futures CLc1.
West Texas Sour firmed to a midpoint of a $1.05 premium and was seen bid and offered between an 80 cent and $1.30 a barrel premium to U.S. crude futures CLc1. ​ 
WTI at East Houston, also known as MEH, traded between a premium of $1.60 and $2.10 a barrel to U.S. crude futures CLc1.
ICE Brent November futures LCOc1 fell 11 cents to settle at $95.52 a barrel​.
WTI October crude CLc1 futures rose 29 cents to settle at $91.3 a barrel​.
The Brent/WTI spread widened 8 cents to last trade at minus $7.43, after hitting a high of minus $7.10 and a low of minus $8.17.

 (Reporting by Arathy Somasekhar; Editing by Mark Porter)
 ((arathy.s@thomsonreuters.com))