U.S. Pipeline Operator Predicts A Big Year For The Permian Basin ...Middle East

Economy by : (OILPRICE) -
Enterprise Products Partners, the pipeline operator, expects higher global demand for crude oil and natural gas from the United States this year and higher output from the Permian, Reuters has reported. The optimistic expectations come despite signals from the oil industry itself that production growth is not among this year’s priorities. They also come despite Enterprises’ latest figures, which showed a decline in oil flows during the last quarter. The Energy Information Administration, in its most recent Short-Term Energy Outlook,…

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