Weak refinery, export demand weakens prices for Midland crude along Texas coast
Oil & Gas 360ยบ
MARCH 6, 2025
Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 crude futures. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 lower than average 2024 levels. crude exports in 2024.
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