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

Oil & Gas 360ยบ

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. crude futures. refinery utilization stood at 85.6% crude exports in 2024.

Refinery 130
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Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

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Benefits of Compabloc technology versus shell & tube

Scambio Termico

In the past three decades, more than 30,000+ units have been installed globally in various applications like crude oil refinery, oil and gas, petrochemicals, pulp and paper, mining and metal industries, to name a few.