- OPEC+ plans to ramp up its production by 400,000 barrels per day (bpd) in November, sticking to its existing policy of a gradual output increase for the third month in a row, sending crude prices to 7-year highs.
- Kinder Morgan, Inc. has partnered with Neste, a renewable and circular solutions provider, for creating low-carbon infrastructure solutions in storage and logistics hubs in the U.S.
- The Baker Hughes Rig Count increased to 521 rigs, increasing by 13 rigs from last month’s count of 508 rigs.
For further details see:
MLP Monthly Report: October 2021