WTI Prices Fall Despite Low Cushing Storage
WTI prices have disconnected recently from Cushing storage, a key fundamental indicator for US crude oil.
Crude
Enbridge Tests Waters for More Texas Exports
Enbridge (ENB) plans to hold an open season in 4Q23 to expand Gray Oak Pipeline and offer full-path service for…
Enbridge Open Season Would Lift Corpus Christi Exports
The US rig count decreased W-o-W by 4 rigs to bring the total count to 596. Liquids basins lost 8…
Enbridge Open Season Would Lift Corpus Christi Exports
The US rig count decreased W-o-W by 4 rigs to bring the total count to 596. Liquids basins lost 8…
Pipe Conversion Will Tighten Permian Egress
Enterprise Products (EPD) is converting the 210 Mb/d Midland-to-ECHO 2 (M2E2) pipeline from crude service back to NGLs.
Texas Port is Replumbed for Oil Exports
Max Midstream is repurposing pipelines near the Port of Calhoun with an eye to becoming a rival hub for Texas…
Enterprise is Converting Permian Crude Line to NGLs
The US rig count slightly increased W-o-W with total rigs sitting at 600. Liquids basins gained 2 rigs. The Eagle…
US Crude Production at New High, by One Measure
The US rig count increased 1 W-o-W to bring the total count to 599. Liquids basins overall gained 4 rigs,…
A Final Hurdle for Trans Mountain Pipeline Expansion
The US rig count is flat with total rigs remaining at 599. Liquids basins lost 1 rig. The Anadarko and…