The home of the NYMEX crude contract, Cushing, Oklahoma, only a few years ago was swimming in oil, but that has since changed. A combination of big new crude pipeline projects, along with the ever-expanding reach of crude-by-rail movements, is starting to move crude oil out of Cushing. Alison Ciaccio, oil futures editors, discusses the trend with John Kingston, director of news....
Tuesday, April 29, 2014
Crude oil moving out of Cushing: trends and implications
From Platts:
