WebJul 31, 2013 · The Magellan East Houston terminal is the front line receipt point for incoming crude from the Permian Basin. Today we spotlight Magellan’s expanding Houston storage and distribution facilities. ... (LHS) crude blend that the price reporting agency Platts has started to assess on a daily basis in Houston. We will post a blog soon on the ... WebJan 6, 2024 · But now, with Magellan improving the accessibility to its Houston distribution system, the majority of market participants are calling Speed and Genoa, both of which are accessible via the distribution system, at parity to each other and just 0 to 8¢/bl higher than WTI values at the ECHO terminal.
Platts Launches New Price Assessment Capturing WTI
WebThe Argus WTI Houston price assessment represents Permianquality WTI arriving by pipeline and traded at the Magellan East Houston (MEH) terminal near Houston. Argus WTI Houston is the most actively traded and transparent price assessment for light sweet crude on the U.S. Gulf Coast. WebMagellan East Houston . Save It for Later - Crude Market Vaporizes; Contango and Storage Plays Take Center Stage. Wednesday, 3/18/2024. ... You can see the consequences in price differentials. On Friday, the spread between Midland, TX and the Magellan East Houston terminal (MEH) on the Gulf Coast hit almost $5.00/bbl, a clear sign of takeaway ... recipes using turkey bacon
ICE Futures and Options Product Guide
WebPlatts, a leading global provider of energy and commodities information, this week launched a new price assessment that reflects the value of West Texas Intermediate Midland … WebSep 2, 2024 · WTI crude oil prices at Midland sagged heavily versus prices along the Texas Gulf Coast, as measured by the price at the Magellan East Houston (MEH) crude terminal. We covered this blowout in Permian oil basis — the difference between two price hubs — last year in our blog series All Dressed Up With Nowhere To Go. WebGlobal distributor of specialty steel. Magellan Corporation sources, sells and distributes specialty steels and other metallurgical products from the United States and around the … unsolved murders in bardstown kentucky