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Magellan Midstream Riding The Wave Of Rising US Oil Exports
Tuesday, July 18, 2017 - 10:36am | 295Read More...Analysts at UBS turned bullish on Magellan Midstream Partners, L.P. (NYSE: MMP), a limited partnership engaged in the transportation, storage, and distribution of crude, gasoline, and diesel fuel amid a surge in oil exports from the United States. The firm's Shneur Gershuni upgraded Magellan...
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Iran's May Oil Exports On Track To Surge By 60%
Wednesday, May 18, 2016 - 10:06am | 244Read More...Iran's ambitions to regain lost oil sales and market share have been no secret. In fact, the country refused to take part in any sort of agreement that would place a cap on oil exports. Now that Iran's oil industry is no longer affected by international sanctions, the country is expected to...
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Report: Saudi Arabia Set To Boost Oil Exports To Near-Record High Levels
Friday, April 29, 2016 - 9:01am | 207Read More...As oil prices continue trading at fresh 2016 highs, Saudi Arabia is preparing to boost its oil exports to near-record high levels. Reuters, citing "Saudi-based industry sources," reported Saudi Arabia is expected to boost its oil exports to 10.5 million barrels per day (bpd) in the...
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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446Read More...U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
