The Light Louisiana Sweet (LLS) crude market has evolved in recent years, due largely to the reversal of the Capline pipeline as well as limited production growth from the offshore fields that contribute to the LLS market. Yet the LLS premium against other U.S. grades remains strong, a sign that refiners aren’t ready to give up on it just yet, given its attractive yields of high-value transportation fuels like gasoline, jet fuel and diesel. In today’s RBN blog, we will revisit LLS and examine its production and demand outlook.
Will You Still Love Me Tomorrow – Light Louisiana Sweet Hasn’t Lost Its Mojo, But Headwinds May Be Coming
