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by jdadj 2230 days ago
It's not a cash settled contract.

"Delivery shall be made free-on-board ("F.O.B.") at any pipeline or storage facility in Cushing, Oklahoma with pipeline access to Enterprise, Cushing storage or Enbridge, Cushing storage."

Source: https://www.cmegroup.com/trading/energy/crude-oil/light-swee...