Examples of Midland WTI in a sentence
The Exchange is listing one monthly cash settled futures contract, the Crude Diff - ICE Midland WTI American Gulf Coast Trade Month vs WTI Trade Month Future (“HOI”), which is based on the ICE settlement price for Midland WTI American Gulf Coast Trade Month Future and the settlement price for WTI Cushing Trade Month Future.
Total Distillate divided by total Regional crude, WTI, WTL, Midland WTI, Condensate, and Heavy Canadian throughput.
The price at which the Midland WTI Contracts are delivered shall be based on the final settlement price, which shall be published on the Last Trading Day for the contract month.
Deliveries pursuant to Midland WTI Contracts are effected by Product Transfer Order for inter-facility transfer, in-system transfer or in-tank transfer of title of required Midland WTI from a Seller to a Buyer.
Delivery under a Midland WTI Contract is based on open contract positions at close of trading on the Last Trading Day for which physical delivery is specified as applicable in the relevant Contract Terms and which go to physical delivery on the expiry date.
Midland WTI shall be a Permian Basin originated West Texas Intermediate crude oil conforming to the Specifications, as described in the Contract Terms and the ICE Futures Europe Rules, and shall be delivered free from all liens, encumbrances, unpaid taxes, fees, other charges and any other form of claim.
For the avoidance of doubt, each of the Enterprise ECHO Terminal and the Magellan MEH Terminal is a Delivery Facility for the purposes of Midland WTI Contracts.
Such ICE Futures Europe Midland West Texas Intermediate American Gulf Coast Crude Oil Futures Contracts are referred to in this part as “ Midland WTI Contracts” or “Contracts”.
Clearance of the Midland WTI Contracts would not otherwise be affected.
CMBR Thompson said it was discussed in Executive Session that the change in the law now requires elected officials and public officials to produce all records that are created, no matter where it occurs.