Midland Oil Spot Prices Trending Along Three-Year Low
August 25, 2014
Production in the Permian is at an all-time high, but its prices per barrel are a different story. Spot prices at the Permian’s main hub in Midland, Texas, are trending among three-year lows. Its differential on August 25, 2014, was roughly $8 below the West Texas Intermediate (WTI) price and approximately $17 below the Brent spot price. The growing differential
