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For example, medical news Light Louisiana Sweet medical news a grade of crude pumped from the Gulf of Mexico usually costs slightly less than West Texas Intermediate (WTI), while medical news Mars Royal Dutch/Shell's unofficial Gulf of Mexico sour crude sells at a substantial discount to WTI, what is called the sweet-sour spread. On Tuesday, December 28, the New York Mercantile Exchange price for WTI delivered in February (the contract month) closed at $41.77 per barrel (while the WTI spot price for delivery at the huge oil terminal complex in Chushing, Oklahoma, was $41.75 per barrel). That same day, Light Louisiana Sweet traded at $41.68, Mars from the US Gulf at about $33.30 per barrel, Alaska North Slope crude (which has a fairly high sulfur and heavy metal content) for delivery to California traded at $34.97 per barrel, low-sulfur Nigeria Bonny Light posted $40.08
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