Enterprise to Adopt 5 Quality for WTI at Cushing Terminal
12/15 7:27 AM
Enterprise to Adopt 5 Quality for WTI at Cushing Terminal OAKHURST, N.J. (DTN) -- Enterprise Products Partners L.P. announced it will adopt five quality specifications for sweet crude oil, also referred to as West Texas Intermediate, at its terminal in Cushing, Oklahoma, which is the physical delivery point for New York Mercantile Exchange West Texas Intermediate crude oil futures. The five additional quality parameters include tests for distillation, vanadium, nickel, total acid number and micro carbon residue. "We are pleased to offer an expanded quality assurance program which is consistent with the standards required by our producing and refining customers, both domestic and international," said Brent Secres, senior vice president, liquid hydrocarbons marketing, for Enterprise's general partner. "The new specifications will enhance stability, predictability and integrity for the WTI crude oil stream, which can be delivered against the NYMEX WTI futures contract at Cushing." (c) 2017 DTN. All rights reserved.