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      • West Texas Intermediate futures are an excellent barometer for the global oil trade. First launched by the New York Mercantile Exchange (NYMEX) in 1983, WTI futures are the go-to derivatives product for the trade of light-sweet crude oil. In March 2008, CME Group acquired the NYMEX and management of WTI crude oil.
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  1. 2 days ago · Gain direct exposure to the crude oil market using CME Group West Texas Intermediate (WTI) Light Sweet Crude Oil futures, the world’s most liquid oil contract. WTI Crude Oil futures and options are the most efficient way to trade the largest light, sweet crude oil blend.

  2. 6 days ago · Access forward-curve liquidity across a broad product slate of crude oil futures and options covering key locations and crude grades. Trade North American crude oil grades as differentials to our benchmark WTI Light Sweet Crude (CL), Brent (BZ), or as outright prices.

  3. Freight Forward Agreements (FFAs) on NYMEX are fundamental to every global trading activity in crude oil, refined products, natural gas liquids as well as liquid natural gas. Wet Freight Futures and Options Fact Card. Insights to crack the crude oil markets.

  4. www.ice.com › products › 213WTI Crude Futures

    The West Texas Intermediate Light Sweet Crude Oil futures contract is cash settled against the prevailing market price for US light sweet crude. It is a price in USD per barrel equal to the penultimate settlement price for WTI crude futures as made public by NYMEX for the month of production per 2005 ISDA Commodity Definitions.

  5. Apr 26, 2024 · NYMEX Light Sweet Crude Oil (CL) futures are settled by CME Group staff based on trading activity on CME Globex during the settlement period. The settlement period is defined as: 14:28:00 to 14:30:00 ET for the Active Month and 14:28:00 to 14:30:00 ET for calendar spreads.

  6. Apr 12, 2024 · Consequently, WTI crude may be traded using futures contracts on NYMEX, such as the highly popular CME Group West Texas Intermediate (WTI) Light Sweet Crude Oil futures. WTI crude traders use futures to hedge against price volatility, which can have downstream impact on profitability.

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  8. Oct 30, 2017 · On average, WTI futures have traded 1.25 million contracts per day during 2017, an increase of 16 percent versus the same period last year. WTI Light Sweet Crude Oil futures contracts are listed by and subject to the rules of NYMEX.

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