Jan 28 (Reuters) - U.S cash crude prices broadly rose on Tuesday, dealers said, with Mars Sour crude trading at its highest level since mid-January, according to data from LSEG.
On the supply side, U.S. crude oil and gasoline stocks rose last week while distillate inventories fell, market sources said, citing American Petroleum Institute figures on Tuesday.
Crude stocks rose by 2.86 million barrels in the week ended Jan. 24, the sources said on condition of anonymity. Gasoline inventories rose by 1.89 million barrels, and distillate stocks fell by 3.75 million barrels, they said.
The spread between U.S. West Texas Intermediate and Brent crude narrowed, ending four straight sessions of widening.
A wider spread encourages more export demand.
Mexican state oil firm Pemex said its production of liquid hydrocarbons in December dropped 12% from a year earlier, marking its lowest level all year and missing the government's target for a third month in a row.
* Light Louisiana Sweet WTC-LLS for March delivery rose 13 cents to a midpoint of a $2.73 premium and was seen bid and offered between a $2.45 and $3.00 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS rose 50 cents to a midpoint of a $1 premium and was seen bid and offered between a 90-cent and $1.10 a barrel premium to U.S. crude futures CLc1
* WTI Midland WTC-WTM was steady at a midpoint of a $1.05 premium and was seen bid and offered between a 80-cent and $1.30 a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS rose 45 cents to a midpoint of a 45-cent premium and was seen bid and offered between a 35-cent and 55-cent a barrel premium to U.S. crude futures CLc1
* WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.35 and $1.55 a barrel premium to U.S. crude futures CLc1
* ICE Brent March futures LCOc1 rose 41 cents to settle at $77.49 a barrel
* WTI March crude CLc1 futures rose 60 cents to settle at $73.77 a barrel
* The Brent/WTI spread WTCLc1-LCOc1 narrowed 23 cents to last trade at minus $3.68, after hitting a high of minus $3.60 and a low of minus $4.02
(Reporting by Georgina McCartney in HoustonEditing by Marguerita Choy)
((Georgina.McCartney@tr.com))
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