Commodities and Futures News

Shell to shut-in portions of Zydeco oil pipeline off Louisiana

08/26/2024

Less than a minute

2024.08.26 13:21

HOUSTON (Reuters) -Oil major Shell (LON:) on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24.

The Zydeco pipeline system, which spans over 350 miles and has a mainline capacity of about 375,000 barrels per day, has four segment and ships crude oil from Houston, Texas to St. James, Louisiana.

© Reuters. FILE PHOTO: Shell logo is seen in this illustration taken May 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The pipeline shut-in will reduce the amount of light crude supplied into Louisiana, where it becomes a part of the Light Louisiana Sweet blend.

Light Louisiana Sweet’s premium to U.S. West Texas Intermediate crude has largely remained narrow in recent days. It traded at an about $1.38 premium per barrel to on Friday.

08/26/2024

Less than a minute

Bitcoin (BTC) $ 76,080.38 1.56%

Vested XOR (VXOR) $ 3,405.08 99,999.99%

Ethereum (ETH) $ 2,849.73 6.82%

Tether (USDT) $ 1.00 0.03%

Solana (SOL) $ 195.30 4.58%

BNB (BNB) $ 599.56 2.32%

USDC (USDC) $ 0.999913 0.09%

XRP (XRP) $ 0.552466 3.28%

Dogecoin (DOGE) $ 0.192955 0.78%

Lido Staked Ether (STETH) $ 2,849.46 6.84%

Cardano (ADA) $ 0.390088 9.75%

TRON (TRX) $ 0.160326 2.08%

the-open-network

Toncoin (TON) $ 4.88 2.79%

Wrapped stETH (WSTETH) $ 3,377.99 7.66%

Avalanche (AVAX) $ 27.47 3.68%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 75,907.34 1.39%

Shiba Inu (SHIB) $ 0.000019 1.21%

WETH (WETH) $ 2,848.44 6.75%

Chainlink (LINK) $ 12.39 4.24%

Bitcoin Cash (BCH) $ 381.38 2.47%

Sui (SUI) $ 2.32 2.89%

Polkadot (DOT) $ 4.13 1.29%

LEO Token (LEO) $ 6.25 0.14%

USDS (USDS) $ 1.00 0.10%

Uniswap (UNI) $ 9.04 2.12%

Litecoin (LTC) $ 71.59 2.97%

Wrapped eETH (WEETH) $ 2,999.74 6.79%

NEAR Protocol (NEAR) $ 4.20 1.55%

Aptos (APT) $ 9.66 3.50%

Pepe (PEPE) $ 0.00001 10.65%

Bittensor (TAO) $ 510.63 1.87%

Artificial Superintelligence Alliance (FET) $ 1.41 0.34%

internet-computer

Internet Computer (ICP) $ 7.68 0.58%

Dai (DAI) $ 1.00 0.15%

Monero (XMR) $ 166.32 2.28%

Ethereum Classic (ETC) $ 19.96 3.74%

Kaspa (KAS) $ 0.118631 0.07%

Stellar (XLM) $ 0.099776 3.73%

Ethena USDe (USDE) $ 1.00 0.10%

Aave (AAVE) $ 185.58 9.44%

WhiteBIT Coin (WBT) $ 19.42 0.69%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.343302 4.56%

Stacks (STX) $ 1.67 0.58%

crypto-com-chain

Cronos (CRO) $ 0.090724 7.50%

OKB (OKB) $ 40.26 3.08%

dogwifhat (WIF) $ 2.36 0.83%

first-digital-usd

First Digital USD (FDUSD) $ 0.997313 0.63%

Arbitrum (ARB) $ 0.575291 9.14%

Mantle (MNT) $ 0.667099 12.98%

Filecoin (FIL) $ 3.73 2.66%