Permian region crude oil prices have increased with additional pipeline takeaway capacity

Crude oil prices in the Permian region have increased since the beginning of the year as two recent pipeline capacity additions reduced some of the takeaway constraints that developed in the middle of 2018. These transportation constraints had forced producers to use more expensive ways to transport crude oil, resulting in lower received prices. Source: Today in Energy – Permian region crude oil prices have increased with additional pipeline takeaway capacity

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Source: CTRM Center

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