CME launches storage futures

[TraDaToR]

http://uk.reuters.com/article/2015/03/04/cmegroup-contract-oilstorage-idUKL1N0W61GO20150304

 

[FCXoptions]

So that will allow you to take delivery on an oil contract essentially? Or a gulf coast contract at least I guess

 

[ogarbitrage]

Very curious to see how liquidity in this one develops.

 

[hoop121]

http://blogs.wsj.com/moneybeat/2015/03/05/the-newest-commodity-oil-storage-space/

 

[ogarbitrage]

Storage Sells for 10 Cents a Month at U.S. Oil Import Hub

 

[hoop121]

someone got a steal at .05 for June through Apr '16