Plains’ terminal to become delivery point for benchmark WTI crude oil futures contract
In a media release dated Monday, Oct. 18, Plains All American announced that CME Group, an oil futures marketplace for investors, will add Plains’ Cushing Terminal as a delivery point to the NYMEX WTI Crude Oil Futures contract, off ering market participants an additional outlet to utilize the delivery mechanism of the world’s most liquid crude oil futures benchmark. The change will take eff ect N…