Fuel Oil Futures and Options

As the exchange of choice for trading and clearing North American Fuel Oil futures and options, CME Group has a long-established offering that is continuously evolving to accommodate changing needs in the Crude and Refined products markets.

With more than 100 Fuel Oil futures and options currently available for clearing via CME ClearPort and trading via CME Globex, CME Group is the market leader in product innovation in the global Fuel Oil marketplace. 

Fuel Oil Products

CME Group offers a variety of Fuel Oil futures and options, separated into four product groups. 

  • Fuel Oil Futures
    CME Group is the market leader in U.S. Gulf Coast and New York Harbor Fuel Oil futures, offering benchmark products such as the Gulf Coast No. 6 Fuel Oil 3% futures in addition to a wide array of U.S. domestic Fuel Oil products to cover a variety of hedging and clearing needs.
  • European and Asian Fuel Oil Futures
    Access a full suite of European and Asian Fuel Oil futures, including leading top products such as 3.5% Fuel Oil Rotterdam Barge futures and 380cst Singapore Fuel Oil futures.
  • Niche Fuel Oil Futures
    CME Group offers an extensive and expanding range of Niche Fuel Oil futures, including minis and dailies, to complement our clients’ changing hedging and clearing needs.
  • Fuel Oil Options
    Complementing our global fuel oil futures offering, we currently offer five Fuel Oil Average Price Options (APO) for our most liquid futures contracts in North America, Asia, and Europe.
Globex Block Min Exchange Fees* Product Name Region Type
33 5 $7.00 / $9.00 1% Fuel Oil Rdam vs. 1% Fuel Oil NWE (Platts)  Futures EMEA  
63 5 $7.00 / $9.00 3.5% Fuel Oil Rdam vs. 3.5% FOB MED Spread (Platts) BALMO  Futures EMEA  
88 5 $7.00 / $9.00 1% Fuel Oil Cargoes FOB NWE (Platts) vs. 3.5% Fuel Oil Barges FOB Rdam (Platts) BALMO Futures EMEA  
0A 5 $0.80 / $1.00 Mini European 1% Fuel Oil (Platts) Barges FOB Rdam BALMO  Futures EMEA minis & dailies
0B 5 $0.80 / $1.00 Mini European 1% Fuel Oil (Platts) Cargoes FOB NWE  Futures EMEA minis & dailies
0C 5 $0.80 / $1.00 Mini European 1% Fuel Oil (Platts) Cargoes FOB NWE BALMO  Futures EMEA minis & dailies
0D 5 $0.80 / $1.00 Mini European 3.5% Fuel Oil (Platts) Barges FOB Rdam  Futures EMEA minis & dailies
0E 5 $0.80 / $1.00 Mini European 3.5% Fuel Oil (Platts) Barges FOB Rdam BALMO  Futures EMEA minis & dailies
0F 5 $0.80 / $1.00 Mini Singapore Fuel Oil 180 cst (Platts)  Futures ASIA minis & dailies
1W 5 $7.00 / $9.00 1% Fuel Oil (Platts) Cargoes CIF MED  Futures EMEA  
1X 5 $7.00 / $9.00 1% Fuel Oil (Platts) Cargoes CIF NWE  Futures EMEA  
5L 5 $0.80 / $1.00 Mini Singapore Fuel Oil 180 cst (Platts) BALMO  Futures ASIA minis & dailies
6L 5 $7.00 / $9.00 European 1% Fuel Oil (Platts) Barges FOB Rdam BALMO  Futures EMEA  
7D 5 $7.00 / $9.00 3.5% Fuel Oil (Platts) CIF MED  Futures EMEA  
8D 5 $7.00 / $9.00 3.5% Fuel Oil (Platts) CIF MED BALMO  Futures EMEA  
8H 5 $7.00 / $9.00 Singapore Fuel Oil 380 cst (Platts) Average Price Options ASIA options
8N 10 $0.85 / $1.35 NY 0.3% Fuel Oil HiPr (Platts)  Futures US  
BOB 5 $7.00 / $9.00 3.5% Fuel Oil (Platts) Barges FOB Rdam Crack Spread (1000mt)  Futures EMEA  
BS 5 $7.00 / $9.00 Singapore Fuel Oil 180 cst (Platts) BALMO  Futures ASIA  
BT 5 $7.00 / $9.00 Singapore Fuel Oil 380 cst (Platts) BALMO  Futures ASIA  
C5 5 $7.00 / $9.00 Singapore Fuel Oil 180 cst (Platts) Average Price Options ASIA options
EBF 5 $7.00 / $9.00 1% Fuel Oil Barges FOB Rdam vs. 1% Fuel Oil (Platts) Cargoes FOB NWE BALMO  Futures EMEA  
EFB 5 $7.00 / $9.00 European 1% Fuel Oil (Platts) Barges FOB Rdam Average Price Options EMEA options
EFF 5 $7.00 / $9.00 European 3.5% Fuel Oil (Platts) Cargoes FOB MED BALMO  Futures EMEA  
EFM 5 $7.00 / $9.00 European 1% Fuel Oil Cargoes FOB MED (Platts)  Futures EMEA  
EMW 5 $0.85 / $1.25 European 3.5% Fuel Oil Barges Fob Rdam (Platts) Mini Weekly Spread Futures EMEA minis & dailies
ENS 5 $7.00 / $9.00 European 1% Fuel Oil Cargoes FOB MED vs. European 1% Fuel Oil Cargoes FOB NWE Spread (Platts)  Futures EMEA  
EVC 5 $7.00 / $9.00 Singapore Fuel Oil 380cst (Platts) vs. European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures  EMEA-ASIA  
EW 5 $7.00 / $9.00 East-West Fuel Oil Spread (Platts)  Futures EMEA-ASIA  
EWB 5 $7.00 / $9.00 East-West Fuel Oil Spread (Platts) BALMO  Futures EMEA-ASIA  
FCB 10 $0.85 / $1.25 3.5% Fuel Oil (Platts) Barges FOB Rdam Crack Spread BALMO  Futures EMEA  
FCN 5 $0.80 / $1.00 Daily European 1% Fuel Oil (Platts) Cargoes FOB NWE  Futures EMEA minis & dailies
FG 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil 3.0% (Platts) Average Price Options US options
FI 5 $0.85 /$1.25 1% Fuel Oil (Platts) Cargoes FOB NWE Crack Spread  Futures EMEA  
FK 5 $7.00 / $9.00 3.5% Fuel Oil Barges FOB Rdam vs. 3.5% FOB MED Spread (Platts)  Futures EMEA  
FL 10 $0.85 / $1.25 3.5% Fuel Oil (Platts) FOB MED Crack Spread  Futures EMEA  
FO 5 $0.85 / $1.25 3.5% Fuel Oil (Platts) Barges FOB Rdam Crack Spread  Futures EMEA  
FOA 10 $0.85 / $1.25 3.5% Fuel Oil (Platts) FOB MED Crack Spread BALMO  Futures EMEA  
FOB 5 $7.00 / $9.00 1% Fuel Oil (Platts) Cargoes CIF MED BALMO  Futures EMEA  
FOC 10 $0.85 / $1.35 NY 3.0% Fuel Oil vs. Gulf Coast No. 6 Fuel Oil 3.0% (Platts)  Futures US  
FOM 5 $7.00 / $9.00 1% Fuel Oil (Platts) Cargoes FOB MED BALMO  Futures EMEA  
FOR 5 $0.80 / $1.00 Daily European 3.5% Fuel Oil (Platts) Barges FOB Rdam  Futures EMEA minis & dailies
FS 5 $7.00 / $9.00 Northwest Europe Fuel Oil High-Low Sulfur Spread (Platts)  Futures EMEA  
FVB 5 $7.00 / $9.00 1.0% Fuel Oil (Platts) Cargoes FOB NWE Crack Spread (1000mt)  Futures EMEA  
GCB 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil 3.0% vs. European 3.5% Fuel Oil Barges FOB Rdam (Platts) BALMO  Futures US-EMEA  
GCI 10 $0.85 / $1.35 Gulf Coast No.6 Fuel Oil 3.0% (Platts) vs. Brent Crack Spread  Futures US-EMEA  
GCU 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil 3.0% vs. European 3.5% Fuel Oil Barges FOB Rdam (Platts)  Futures US-EMEA  
GFC 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil (Platts) Crack Spread BALMO  Futures US  
H1 10 $0.85 / $1.35 NY 3.0% Fuel Oil (Platts)  Futures US  
KR 5 $7.00 / $9.00 European 3.5% Fuel Oil (Platts) Barges FOB Rdam BALMO  Futures EMEA  
KX 5 $7.00 / $9.00 European 1% Fuel Oil (Platts) Cargoes FOB NWE BALMO  Futures EMEA  
MEW 5 $0.80 / $1.00 Mini East-West Fuel Oil Spread (Platts) Futures EMEA-ASIA minis & dailies
MF 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil 3.0% Sulfur (Platts)  Futures US  
MFD 5 $0.80 / $1.00 Mini 1% Fuel Oil Cargoes FOB MED (Platts)  Futures EMEA minis & dailies
MFP 5 $0.80 / $1.00 Mini 1% Fuel Oil Cargoes CIF NWE (Platts) Futures EMEA minis & dailies
MFR 5 $0.80 / $1.00 Mini 3.5% Fuel Oil Barges FOB Rdam (Platts) Crack Spread (100mt) Futures EMEA minis & dailies
MG 10 $0.85 / $1.35 Gulf Coast No. 6 Fuel Oil (Platts) Crack Spread  Futures US  
MMF 5 $0.80 / $1.00 Mini 3.5% Fuel Oil (Platts) Cargoes FOB MED Calendar  Futures EMEA minis & dailies
MNS 5 $0.80 / $1.00 Mini 1% Fuel oil Cargoes FOB NWE (Platts) Crack Spread (100mt) Futures EMEA minis & dailies
MSB 5 $0.80 / $1.00 Mini Singapore Fuel Oil 380cst (Platts) vs. European 3.5%Fuel Oil Barges FOB Rdam (Platts) Futures EMEA-ASIA minis & dailies
MSD 5 $7.00 / $9.00 Singapore Fuel Oil 180 cst vs. 380 cst Spread (Platts) BALMO  Futures ASIA  
MTB 5 $0.80 / $1.00 Mini Singapore Fuel Oil 380 cst (Platts) BALMO  Futures ASIA minis & dailies
MTS 5 $0.80 / $1.00 Mini Singapore Fuel Oil 380 cst (Platts)  Futures ASIA minis & dailies
NFC 10 $0.85 / $1.35 New York 1% Fuel Oil (Platts) Crack Spread BALMO  Futures US  
NFG 10 $0.85 / $1.35 New York 1% Fuel Oil (Platts) vs. Gulf Coast 3% Fuel Oil (Platts) BALMO  Futures US  
NYB 10 $0.85 / $1.35 New York 0.3% Fuel Oil HiPr (Platts) BALMO  Futures US  
NYE 10 $0.85 / $1.35 New York 2.2% Fuel Oil (Platts) BALMO  Futures US  
NYF 10 $0.85 / $1.35 New York Fuel Oil 1.0% vs. European 1% Fuel Oil Cargoes FOB NWE (Platts)  Futures US-EMEA  
NYG 10 $0.85 / $1.35 New York Fuel Oil 1.0% vs. European 1% Fuel Oil Cargoes FOB NWE (Platts) BALMO  Futures US-EMEA  
NYH 10 $0.85 / $1.35 New York 0.3% Fuel Oil HiPr vs. New York Fuel Oil 1.0% (Platts)  Futures US  
NYS 10 $0.85 / $1.35 New York 0.7% Fuel Oil (Platts) BALMO  Futures US  
NYT 10 $0.85 / $1.35 New York 3.0% Fuel Oil (Platts) BALMO  Futures US  
Q6 5 $7.00 / $9.00 European 3.5% Fuel Oil (Platts) Barges FOB Rdam Average Price Options EMEA options
RMF 25 $0.85 / $1.25 Tokyo Bay A-Grade 1% Sulfur Fuel Oil (RIM)  Futures ASIA  
RMU 25 $0.85 / $1.25 Tokyo Bay A-Grade 0.1% Sulfur Fuel Oil (RIM)  Futures ASIA  
SD 5 $7.00 / $9.00 Singapore 180cst Fuel Oil vs. 380cst Fuel Oil Spread  Futures ASIA  
SDM 5 $0.85 / $1.25 Singapore 180cst Fuel Oil (Platts) Mini Weekly Spread Futures ASIA minis & dailies
SE 5 $7.00 / $9.00 Singapore 380cst Fuel Oil (Platts)  Futures ASIA  
SF1 5 $7.00 / $9.00 Singapore Fuel Oil 180cst (Platts) Brent Crack Spread (1000mt) Futures  EMEA-ASIA  
SF3 5 $7.00 / $9.00 Singapore Fuel Oil 380cst (Platts) Brent Crack Spread (1000mt) Futures  EMEA-ASIA  
SFB 5 $7.00 / $9.00 Singapore Fuel Oil 380cst (Platts) vs. European 3.5% Fuel Oil Barges FOB Rdam (Platts) BALMO Futures  EMEA-ASIA  
SMW 5 $0.85 / $1.25 Singapore 380cst Fuel Oil (Platts) Mini Weekly Spread Futures ASIA minis & dailies
STB 10 $0.85 / $1.25 Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread BALMO  Futures ASIA  
STI 5 $0.85 / $1.25 Singapore Fuel Oil 380 cst (Platts) 6.35 Dubai Crack Spread  Futures ASIA  
STR 10 $0.85 / $1.25 Singapore Fuel Oil 180 cst (Platts) 6.35 Brent Crack Spread  Futures EMEA-ASIA  
STS 5 $0.85 / $1.25 Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread  Futures ASIA  
T0 5 $0.80 / $1.00 Mini European 1% Fuel Oil (Platts) Barges FOB Rdam  Futures EMEA minis & dailies
UA 5 $7.00 / $9.00 Singapore Fuel Oil 180cst Calendar  Futures ASIA  
UF 5 $7.00 / $9.00 European 1% Fuel Oil (Platts) Cargoes FOB NWE Calendar  Futures EMEA  
UH 5 $7.00 / $9.00 European 1% Fuel Oil (Platts) Barges FOB Rdam Calendar  Futures EMEA  
UI 5 $7.00 / $9.00 European 3.5% Fuel Oil (Platts) Cargoes FOB MED Calendar  Futures EMEA  
UV 5 $7.00 / $9.00 European 3.5% Fuel Oil (Platts) Barges FOB Rdam Calendar  Futures EMEA  
VK 10 $0.85 / $1.35 New York Harbor 1.0% Fuel Oil (Platts) BALMO  Futures US  
VQ 10 $0.85 / $1.35 NY 0.3% Fuel Oil (Platts)  Futures US  
VR 10 $0.85 / $1.35 NY 1% Fuel Oil vs. Gulf Coast 3% Fuel Oil Spread (Platts)  Futures US  
VZ 10 $0.85 / $1.35 Gulf Coast 3.0% Fuel Oil (Platts) BALMO  Futures US  
Y3 10 $0.85 / $1.35 NY 2.2% Fuel Oil (Platts)  Futures US  
Y4 10 $0.85 / $1.35 NY 0.7% Fuel Oil (Platts)  Futures US  
ML 10 $0.85 / $1.35 New York Harbor Residual Fuel (Platts) Crack Spread  Futures US  
MM 10 $0.85 / $1.35 New York Harbor Residual Fuel 1.0% (Platts)  Futures US  
MGS 2 $0.80 / $1.00 Mini Middle East HSFO 180 cst FOB Arab Gulf (Platts) BALMO Futures  EMEA minis & dailies
MHE 2 $0.80 / $1.00 Mini Middle East HSFO 180 cst FOB Arab Gulf (Platts) Futures  EMEA minis & dailies
MHS 2 $0.80 / $1.00 Mini Middle East HSFO 380 cst FOB Arab Gulf (Platts) BALMO Futures  EMEA minis & dailies
MSE 2 $0.80 / $1.00 Mini Middle East HSFO 380 cst FOB Arab Gulf (Platts) Futures  EMEA minis & dailies

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