Permian crude price spread narrows
This is a Midland news story, published by Yahoo Finance, that relates primarily to Wood Mackenzie news.
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Midland crudeReuters
•Business
Business & Economics
Weak refinery, export demand weakens prices for Midland crude along Texas coast

79% Informative
The price spread between WTI Midland crude in West Texas and Houston has narrowed this year .
The spread between the two pricing points narrowed to 23 cents in March , the lowest since November 2023 .
But weaker refinery and export demand on the U.S. Gulf Coast pressured that market lower.
The narrow price differential is expected to be temporary, Wood Mackenzie analyst says.
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