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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. refinery utilization stood at 85.6% Gulf Coast pressured that market lower. premium to U.S.

Refinery 130
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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

By continuously monitoring machinery performance, AI enables companies to address maintenance issues before they escalate, preventing costly shutdowns and enhancing overall safety. AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency.

Oil 52
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HISTORY OF SPILLS: TC Energyโ€™s Keystone pipeline (22 SPILLS: 2010-2022)

Adrian - Oil & Gas

(Note: TC Energys (formerly TransCanada) Keystone pipeline is not to be confused with the companys proposed Keystone XL pipeline a separate pipeline project that was defeated and cancelled two separate times under Pres. TC Energy oil spill PR oil discharge 12-9-22 (Photo: U.S. Obama and Pres. CT on Dec. 30 spill. #21: