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

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Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. lower than average 2024 levels. million bpd in February, as spring refinery maintenance in Europe cut flows, and as China implemented a 10% retaliatory tariff on U.S. crude exports in 2024. million, 4.2%

Refinery 130
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Whitecap Resources 2025 Outlook: Efficiency Gains Drive Sustainable Growth

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Driving Efficiency: Key Gains in 2024 & 2025 Strategy Whitecap has made significant strides in drilling, completion, infrastructure, and cost optimization , setting the stage for a highly efficient 2025. Maintenance capital efficiency improvements ensure sustainable production growth. billion Funds Flow: $1.65 billion ($2.81/share)