Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018
link : Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018

Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018

First, Exxon: could make Beaumont the largest refinery in the US -- being reported by oilprice.com. Data points:

• Beaumont Refinery currently processes 365,00 bpd; produces 2.8 billion gallons of gasoline annually
• Exxon could expand the capacity for the Beaumont Refinery to between 700,000 bpd and 850,000 bpd
• this capacity would be higher than the current largest refinery in the US, Motiva's Port Arthur refinery, at 600,000 bpd; North America's biggest refinery

Much more at the link.

Now, back to WTI: $62.73 near the close of the normal trading day in the US. Tomorrow, for those turning into CNBC you could hear the phrase, "63-handle for WTI."

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Back To The Bakken

Active rigs:

$62.73↑↑	2/22/2018	02/22/2017	02/22/2016	02/22/2015	02/22/2014
Active Rigs	56	43	39	127	187

new permits: pending
Operators:
Fields:
Comments:
permits canceled: pending

permits renewed: pending

producing wells (DUCs) reported as completed: pending

http://ift.tt/2dZyQXu

Thus Article Wow, WTI Jumps -- Up Almost 2% -- Flirting With $63 -- Also Exxon On The Move -- February 22, 2018

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