Exchange-listed trading of light,sweet delivered to the Houston Ship Channel has begun.There are new financial tools at the disposal of U.S.light,sweet oil produc-ers that are chasing the higher prices associated with export markets.CME Group has launched a WTI(West Texas Intermediate)Houston futures contract with delivery to Enterprise Products Partners LP's Houston system.Intercontinental Exchange Inc.has launched WTI trading with delivery to Magellan Midstream Partners LP's East Houston terminal.
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