Search results

Thanks, I guess the way I previously used to think of it was that a long received delivery in Cushing, but it's more like the short just has to make delivery via a pipeline that is connected to Cushing. If Cushing happens to be full, you (as the long) still have to send that oil somewhere else.

If one takes delivery of May Crude (in Cushing, OK by default) is it not possible just to store it there and redeliver against a short in June or do they make you get it out of there unless you already have a storage agreement with Enbridge or Enterprise? Or is it something else? Otherwise...