Crude train activity resumes at Stroud, OK, terminal as cushing stocks build

CUSHING, Oklahoma (Genscape) -- Following two months without arrivals, there have been four crude trains monitored unloading so far this month at EOG’s Stroud terminal, near Cushing, OK, where market participants are increasingly storing barrels to benefit from West Texas Intermediate’s (WTI) contango price structure. The storage hub has become an attractive market for Bakken crude amid falling oil prices and a tighter price spread between the Brent and West Texas Intermediate benchmarks, sources said. More »