Condensate Winners And Loses From Exports Rule
US refineries have seen their stock prices drop by as much as 10% this week after the Commerce Department gave Pioneer Natural Resources (NYSE:PXD) and Enterprise Products Partners LP (EPD) permission to export condensate, a rare exemption from the 40-year-old oil export ban. But this market swing may overestimate the important that the changing policy actually has on the US oil sector.
“In general, lifting the ban would be slightly positive for US . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible