Weak refinery, export demand weakens prices for Midland crude along Texas coast
Oil & Gas 360ยบ
MARCH 6, 2025
The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023. million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Gulf Coast pressured that market lower. WTI Midland crude traded at a $1.08
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