As Permian oil production turns lighter, price outlook darkens – Reuters

The United States may now be the world’s biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels.
β€” Read on www.reuters.com/article/us-usa-oil-permian/as-permian-oil-production-turns-lighter-price-outlook-darkens-idUSKCN1T71B7

Advertisements