TransCanada seeks to raise spot tariffs on Marketlink oil pipeline: FERC [Reuters]
TC Energy Corporation (TRP)
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Source: Reuters
TransCanada seeks to raise spot tariffs on Marketlink oil pipeline: FERC | Reuters Reuters Staff 1 Min Read NEW YORK (Reuters) - TransCanada Corp is seeking to raise the temporary discounted spot rate for light crude on its 700,000 barrel-per-day Marketlink pipeline effective Dec. 1, according to a Federal Energy Regulatory Commission filing on Thursday. Light crude oil moving from Cushing, Oklahoma into Port Arthur or Houston in Texas will be raised to $3.00 a barrel from $2.50 a barrel previously, according to the filing. The heavy crude tariff rate at $3.00 a barrel remains unchanged. U.S. crude benchmark’s discount to global marker Brent widened to a session low after news of the announcement, touching $6.59 a barrel, the largest in a month. Reporting by Catherine Ngai in New York and Bryan Sims in Houston; Editing by Cynthia Osterman and Chizu Nomiyama All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Righ
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