
Crude Breaks Below $100 and the Bottleneck at Guernsey
Brent crude slips below $100 as Middle East exports recover, while a wide Brent-WTI spread fuels intense competition for southbound pipeline capacity out of Guernsey. We break down the commercial bottlenecks across North American basins, including major midstream deals and proration challenges on Pony Express and Platte.
The skinny
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