U.S. Crude Prices Firm at Gulf Coast as Takeaway Capacity Tightens

(Reuters) – Record crude output from the top U.S. oilfield and busy crude pipelines to export hubs are boosting the price of the country’s flagship crude at the Gulf Coast, analysts and traders said. West Texas Intermediate crude at Magellan’s East Houston terminal (MEH), on average this month traded at a 45-cent premium per barrel … Read more