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DME Oman Crude Oil Swap Futures Contract Specs

Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
Minimum Price Fluctuation $0.001 per barrel
Product Code CME Globex: DOO
CME ClearPort: DOO
Open Outcry: DOO
Clearing: DOO
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: 36 consecutive months
DEFAULT 36 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the DME Oman Crude Oil futures contract settlement prices for the contract month that is the first nearby month calculated as of 16:30 (Singapore time) for each trading day that such settlement price is determined.
Termination Of Trading Trading shall cease at the close of trading on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 124
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing