Crude Oil Futures Contract
NYMEX WTI Light Sweet Crude Oil futures, the world’s most liquid and actively traded crude oil contract, is the most efficient way to trade today’s global oil markets. WTI (West Texas Intermediate) is a light, sweet crude oil blend. ‘Light’ refers to its low density and sulfur content, ideal for conversion to gasoline and diesel fuel.
Contract Unit
1,000 barrels
Futures Contract
Symbol
CME Globex: CL
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
0.01 per barrel = $10.00
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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