The Seaway pipeline yesterday started to transport crude oil from Cushing in Oklahoma to...

|By:, SA News Editor

The Seaway pipeline yesterday started to transport crude oil from Cushing in Oklahoma to refineries in Houston following the completion of a reversal project. The new direction of the pipeline, which is owned by Enterprise (EPD) and Enbridge (ENB), should help ease the glut of crude at Cushing and reduce the spread between WTI and Brent prices.