With strong overseas demand, some oil pipeline flows in Texas have exceeded their designed capacity.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Golden Ten Data reported on April 21 that due to strong overseas demand for US crude oil, in some cases, oil pipeline throughput in Texas has exceeded its design capacity. According to data from research firm Wood Mackenzie, the amount of oil transported from the Permian Basin to Gulf Coast export terminals has reached an all-time high. Wood Mackenzie's data shows that just last week, the volume of crude oil transported through these pipelines increased by 1.5%, reaching an average of 5.27 million barrels per day. In one system transporting oil to the Corpus Christi export destination, pipeline operations have reached 102% of their design capacity.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Comstock wins summary judgment in Town of Herndon contract dispute
Bitget•2026/09/28 14:30
Goldman Sachs to Launch Voluntary Voting Instruction Program
MT newswire•2026/09/28 14:16
Stagwell Boosts Investment in Real Clear
MT newswire•2026/09/28 14:10
BofA Securities Upgrades Royal Caribbean Group to Buy From Neutral, $330 Price Target
MT newswire•2026/09/28 14:09
Crypto prices
MoreBitcoin
BTC
$82,966.78
-1.99%
Ethereum
ETH
$2,663.39
-1.02%
Tether USDt
USDT
$0.9998
-0.00%
BNB
BNB
$760.57
-2.25%
XRP
XRP
$1.49
-2.21%
USDC
USDC
$1
+0.01%
Solana
SOL
$118.23
-2.94%
TRON
TRX
$0.3340
+0.16%
Zcash
ZEC
$1,561.14
-3.70%
Hyperliquid
HYPE
$87.21
-4.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now