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

Oil & Gas 360ยบ

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. Permian oilfield and strong export demand for WTI Midland crude widened price differentials. WTI Midland crude traded at a $1.08 crude futures in March, easing from a 11-month high of $1.22 crude futures.

Refinery 130
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Kazakhstan Reaches Record Oil Production of 2.12 Million bbl/d, Exceeding OPEC+ Quota

Egypt Oil & Gas

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

BBL 75
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EIA Report โ€“ Product Prices and Pipeline News

The Energy Law Blog

The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, natural gas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. MMBtu UP $0.32 West Texas Intermediate Spot $79.85/Bbl

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Valor | Energy Connection โ€“ Feb. 24, 2025

Valor

Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region. Brent crude fell 20 cents to $74.23 per barrel, while WTI dropped 28 cents to $70.12 crude output to grow from 13.2

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Additional crude and NGL gathering expansions.

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Permian Growth and Midstream Investment: Enterprise Products Partnersโ€™ Expansion Strategy

Oil Gas Leads

Enterprise Products Partners LP , a leading midstream operator, is taking a strategic approach to expansion , focusing on pipeline investments, LNG and LPG exports, and securing fee-based revenue to ensure long-term stability. Major Pipeline Expansions: Bahia NGL Pipeline (Q4 2025) Increasing NGL takeaway from the Permian.

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EIA Lastest News โ€“ Product Prices & Pipeline News

The Energy Law Blog

Crude oil was up over $2 per barrel. Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. โ€“ Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008. MMBtu UP $0.17