U.S. Cash Crudes-Midland crude soft on refinery work

Reuters

CALGARY, Alberta, Oct 18 (Reuters) - U.S. West TexasIntermediate crude for delivery at Midland and West TexasSour crude remained on weakness on Friday as planned refineryturnarounds continued to erode demand.

WTI Midland traded at $5.50 and $5.25 per barrel under theU.S. futures contract. On Thursday, it traded at $5.35and $5.45 per barrel under U.S. futures.

West Texas Sour traded at $7.00 per barrel underfutures, unchanged from the previous day.

Traders said maintenance at plants, including Phillips 66's 146,000 barrel per day Borger, Texas, refinery wasweighing on prices, as was talk that the Magellen MidstreamPartners' 225,000 bpd Longhorn pipeline had been runningat lower rates.

Mars Sour crude for November delivery traded at$4.35, $4.20 and $4.15 under the benchmark futures.

Mars for December delivery traded at -$3.70 under the U.S.futures contract.

Light Louisiana Sweet for November delivery traded at$1.75 and $1.85 per barrel above benchmark futures. On Thursdayit traded at $1.40 and $1.75 per barrel over U.S. futures.

Poseidon crude for November delivery traded at $4.80 belowthe U.S. futures contract, while Alaska North Slope crudefor delivery in December traded at $3.50 above WTI futures.

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