Heating Oil Futures Contract
Heating Oil futures allow you the opportunity to profit from or hedge against the price movements of this refined byproduct of crude oil. The demand for Heating Oil rises as the temperature drops. Indeed, heating oil is one of the most seasonally impacted of all the commodities; market participants should monitor news about weather and oil in order to best seize profit opportunities and hedge against risks in the heating oil market.
Contract Unit
42,000 Gallons
Futures Contract
Symbol
CME Globex: HO
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
0.0001 per gallon = $4.20
Contract Months
All 12 months
Settlement Method
Deliverable
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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