Magellan Midstream Partners, L.P. owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products to a lesser extent, ammonia. Magellan Midstream has operations in 2 segments: Refined Products and Crude Oil. Refined Products unit primarily comprises Magellan's pipeline system transporting gasoline and diesel fuel, with integrated terminals, independent terminals and barrels for storage. It also looks after the ammonia pipeline system with Magellan-owned terminals and caters to the mid-continent region. The unit also consists Magellan Midstream's Galena Park marine terminal and its interest in the Pasadena marine terminal joint venture. Crude Oil division includes pipelines, a condensate splitter, as well as storage services. The partnership has 100% interest in these pipelines, the condensate splitter and barrels. Magellan Midstream's crude oil pipelines are backed by long-term throughput commitments....
+See More2018-03-21 06:32:00 Wednesday ET

Fed Chair Jerome Powell increases the neutral interest rate to a range of 1.5% to 1.75% in his debut post-FOMC press conference. The Federal Reserve raises
2018-07-19 18:38:00 Thursday ET

Goldman Sachs chief economist Jan Hatzius proposes designing a new Financial Conditions Index (FCI) to be a weighted-average of interest rates, exchange rat
2017-12-13 06:39:00 Wednesday ET

The Federal Communications Commission (FCC) has decided its majority vote to dismantle rules and regulations of most Internet service providers (ISPs) that
2023-03-21 11:28:00 Tuesday ET

Barry Eichengreen compares the Great Depression of the 1930s and the Great Recession as historical episodes of economic woes. Barry Eichengreen (2016)
2018-10-03 11:37:00 Wednesday ET

Fed Chair Jerome Powell sees a remarkably positive outlook for the U.S. economy right after the recent interest rate hike as of September 2018. He humbly su
2018-02-27 09:35:00 Tuesday ET

Fed's new chairman Jerome Powell testifies before Congress for the first time. He vows to prevent price instability for U.S. consumers, firms, and finan