Weak refinery, export demand weakens prices for Midland crude along Texas coast
Oil & Gas 360ยบ
MARCH 6, 2025
million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. 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.
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