This Week’s Market Buzz

The Organization of the Petroleum Exporting Countries and allied producers have agreed to gradually increase their output over the next three months. The move follows a sharp increase in oil prices, and a call from the United States to keep energy affordable. The OPEC+ alliance of crude producers has been holding back roughly 8 million barrels per day from global…

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IAC Opens New Texas Service Center

Industrial Accessories Company (IAC), known for turnkey plant design and construction within the frac sand industry (with more than 45 previous frac sand plant projects), announced the opening of a new service center in Monahans, Texas, to support customer needs in the Permian Basin. IAC’s prior field service office was located in Kermit, Texas.

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NRP Pays Down Debt During COVID

Natural Resource Partners L.P. (NRP), a master limited partnership headquartered in Houston, is a diversified natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States including interests in coal, industrial minerals and other natural resources. In addition, NRP owns an equity investment in Ciner Wyoming LLC, a trona-ore-mining and soda-ash-production business.

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