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-0.000732171621027927 -0.00248938351149512 -0.00834675647971895 -0.014789866744765 0.00278225215990625 -0.0061150973788257 -0.017718553228877 -0.0238687948455119
Stock impact report

UPDATE 3-Enterprise offers crude shipments on existing pipeline from Gulf Coast to Cushing [Reuters]

Enterprise Products Partners L.P. (EPD) 
Last enterprise products partners l.p. earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: enterpriseproducts.com/investors
Company Research Source: Reuters
Enterprise offers crude shipments on existing pipeline from Gulf Coast to Cushing NEW YORK (Reuters) - Enterprise Products Partners LP said it would offer spot shipments of crude on an existing pipeline from the U.S. Gulf coast to Cushing, Oklahoma, the delivery point for benchmark U.S. crude futures, as demand to store oil inland surges. The move marks a sharp reversal from recent pipeline projects that were all built connecting inland markets to the Gulf Coast as U.S. crude exports climbed to record highs after Washington lifted a ban in late 2015. However, the coronavirus pandemic has crushed global oil demand and dented U.S. crude exports, and put a premium on finding places to store oil as a worldwide glut builds. About 54% of total U.S. crude working storage capacity is full as of April 3, according to the U.S. Energy Information Administration. Stockpiles in Cushing are rising fast, with traders expecting the storage hub to hit maximum capacity by May. “Given the current turmoi Show less Read more
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