22MAR2019 - NEWS - Enterprise Products Partners LP to team up with CME Group to conduct a second electronic auction of US crude oil for export

Enterprise Products Partners L.P. has recently announced that it will again team up with CME Group to conduct a second electronic auction offering U.S. crude oil for export from the Enterprise Hydrocarbon Terminal (“EHT”) on the Houston Ship Channel. During the auction, which will take place April 4, 2019, bids will be accepted for WTI light sweet crude oil using CME Group’s proprietary spot auction platform. The auction will be the second to take place since the launch of a physically delivered NYMEX WTI Houston Crude Oil futures contract in November of 2018. In addition to EHT, the NYMEX Houston WTI futures contract also offers delivery of crude oil at Enterprise’s ECHO and Genoa Junction terminals.

Published by Editor - www.Livebunkers.com at 22-Mar-2019 05:33:34 [UTC] , contact editor at editor@livebunkers.com