Plains’ Cushing Terminal to Become WTI Delivery Point

The change will take effect November 8, 2021 for the February 2022 contract month, pending regulatory review.

Hart Energy Staff

Plains All American revealed that CME Group will add Plains' Cushing Terminal as a delivery point to the NYMEX WTI Crude Oil Futures contract, offering market participants an additional outlet to utilize the delivery mechanism of the world's most liquid crude oil futures benchmark, the company said on Oct. 18.

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