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US Gulf Coast heavy crude oil prices firm as supplies tighten | Hellenic Shipping News Worldwide

US Gulf Coast heavy crude oil prices firm as supplies tighten | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten

US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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US Gulf Coast heavy crude oil prices firm as supplies tighten

Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices. Refineries along the Gulf Coast, which account for more than 55% of total U.S. refining capacity, are geared to run medium and heavy crudes which produce more diesel and jet fuel than lighter oil. Pushing up heavy crude prices are falling oil exports from Mexico, the potential for resumption of sanctions on Venezuelan crude, the imminent startup of a Canadian pipeline, and continued output cuts by the Organization of the Petroleum Exporting Countries and allies (OPEC+). ....

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US Gulf Coast heavy crude oil prices firm as supplies tighten

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. ....

United States , Arathy Somasekhar , Strategic Petroleum , Organization Of The Petroleum Exporting Countries , Gulf Coast , Petroleum Exporting Countries , Louisiana Sweet , West Texas Intermediate , Light Louisiana Sweet , Trans Mountain , Strategic Petroleum Reserve , Marguerita Choy ,

PBF Energy Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.25 per Share and Announces Increased Share Repurchase Authorization

Fourth quarter loss from operations of $47.2 million (excluding special items, fourth quarter loss from operations of $46.1 million) Full year income from. ....

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