Tanker bottleneck eases for Port of Houston
from Marine Link
Four tankers were recently preparing to offload or pick up cargoes in the busiest U.S. oil port, the first signs of an easing of the bottleneck that cut 1 million barrels per day of shipments, according to vessel tracking data. The Houston Ship Channel reopened this week with operating restrictions following a fire at Mitsui & Co Inc's Intercontinental Terminals Co in Deer Park, Texas. That blaze sent fuel and chemicals into the waterway, which connects Houston to the Gulf of Mexico and is home to nine refineries. Oil and fuel moving in and out of the port fell to 1.4 million barrels per day this week, from a 10-day moving average of 2.4 million barrels per day, according to figures from data provider Kpler.
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