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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023. Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. Gulf Coast pressured that market lower. WEAK DEMAND ALONG THE COAST Four-week average U.S. million, 4.2%

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