| Crude Oil Futures Info: |
Futures Charts, Quotes, Options |
| Trading Unit |
1,000 U.S. barrels (42,000
gallons). |
| Trading Hours: |
(All times are New York time)
Open outcry trading is conducted from 10:00 AM
until 2:30 PM NY Time.
After hours futures trading is conducted via
the NYMEX ACCESS® internet-based trading
platform beginning at 3:15 PM on Mondays
through Thursdays and concluding at 9:30 AM
the following day. On Sundays, the session
begins at 7:00 PM. |
| Price Quotation |
U.S. dollars and cents per
barrel. |
| Trading Months: |
30 consecutive months plus
long-dated futures initially listed 36, 48,
60, 72, and 84 months prior to delivery. |
| Ticker Symbol: |
CL |
| Minimum Fluctuation: |
$0.01 (1¢) per barrel ($10.00
per contract). |
| Margin Requirements: |
Margins are required for open
futures positions. |
| Last Trading Day: |
Trading terminates at the
close of business on the third business day
prior to the 25th calendar day of the month
preceding the delivery month. If the 25th
calendar day of the month is a non-business
day, trading shall cease on the third business
day prior to the business day preceding the
25th calendar day. |
| Daily Limit on Price Movement:
|
$10.00 per barrel ($10,000 per
contract) for all months. If any contract is
traded, bid, or offered at the limit for five
minutes, trading is halted for five minutes.
When trading resumes, the limit is expanded by
$10.00 per barrel in either direction. If
another halt were triggered, the market would
continue to be expanded by $10.00 per barrel
in either direction after each successive
five-minute trading halt. There will be no
maximum price fluctuation limits during any
one trading session.
|
| Position Limits: |
Any one month/all months:
20,000 net futures, but not to exceed 1,500
contracts in the last three days of trading in
the spot month. |
