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Hi-Crush Announces Start of Operations at Pecos Terminal

Hi-Crush Partners LP announced the company has commenced operations at its new Pecos, Texas, terminal, the first unit-train capable terminal with silo storage in the Southern Delaware Basin.

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Twin Eagle Sand Logistics Acquires Terminal

Twin Eagle Sand Logistics LLC, a subsidiary of Twin Eagle Resource Management LLC, announced that it acquired a frac sand terminal near Bridgeport, W.Va., from Process Transloading Bridgeport.

Read more: Twin Eagle Sand Logistics Acquires Terminal

This Week’s Market Buzz

• Oil prices finished higher at press time, buoyed by talk of an extension for a deal to cut output, a bigger-than-expected drop in U.S. crude supplies, and concerns about production as a potential hurricane approaches the Gulf of Mexico. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 81 cents, or 1.6 percent, to settle at $50.79 a barrel, following three session declines in a row. December Brent crud, the global oil benchmark, rose $1.20, or 2.2 percent, to end at $57 a barrel on London’s ICE Futures exchange.

Read more: This Week’s Market Buzz

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