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      • WTI futures prices, a leading indicator of global crude oil prices, are the major component of CME Group Petroleum Index. The index moves close to the futures. From the beginning of August 2020 to the end of March 2022, the correlation coefficient between WTI futures prices and CME Group Petroleum Index is more than 0.99.
      www.jpx.co.jp/english/derivatives/products/petroleum/cme/index.html
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  2. 5 days ago · Follow the benchmark index for the oil market, an end-of-day index that represents a single value for a basket of underlying Energy futures listed on NYMEX. Further details are available in the CME Group Petroleum Index Methodology document.

  3. Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall. Our diverse WTI futures and options suite provides more flexibility to trade oil with WTI Crude Oil price discovery.

  4. Mar 1, 2024 · WTI futures prices, a leading indicator of global crude oil prices, are the major component of CME Group Petroleum Index. The index moves close to the futures. From the beginning of August 2020 to the end of March 2022, the correlation coefficient between WTI futures prices and CME Group Petroleum Index is more than 0.99.

  5. The futures contract’s underlying index is the CME Group Petroleum IndexTM, which is strongly linked* to WTI futures prices, a leading indicator of global crude oil prices. *From the beginning of 2018 to the end of March 2021, the correlation coefficient between WTI.

  6. Trade smaller-sized contracts to manage crude oil price exposure with greater precision. At 1/10 the size of benchmark WTI Crude Oil contracts, Micro WTI Crude Oil futures and options offer the same robust trading transparency and price discovery with smaller margin requirements.

  7. As part of wave of investor interest, WTI crude oil futures prices (as well as Brent Crude oil prices) are included in both the Bloomberg Commodity Index and the S&P GSCI commodity index, which are benchmark indices widely followed in financial markets by traders and institutional investors.

  8. https://www.jpx.co.jp/english/derivatives/products/petroleum/cme/index.html * From August3,2020 to September20,2021, the correlation coefficient between WTI futures prices and CME Group Petroleum Index TM was 0.99 or more.