Post Tagged with: "discounted prices"

Source: Reuters

Oil rebounds as market seizes on discounted prices

Reuters


NEW YORK – Crude oil futures rebounded on Tuesday as market participants vied to take advantage of oil’s two-month low hit in the previous session.

Monday’s selloff, spurred by demand destruction fears amid rising COVID-19 cases, pushed oil about …

New U.S. Pipelines Poised to Start Price War for Shale Shippers

New U.S. Pipelines Poised to Start Price War for Shale Shippers

From Reuters


The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil to export hubs, according to the pipeline companies and federal filings.

These bargain …