Light Sweet Crude Oil (WTI) Futures and Options
 

Nothing Fuels the Energy Marketplace Like NYMEX WTI

The World's Most Liquid Crude Oil Benchmark

Light Sweet Crude Oil (WTI) futures and options are the world's most actively traded energy product. Customers around the world have sought out WTI futures for price discovery and risk management for more than 25 years. Here is why:

Key Facts about NYMEX Light Sweet Crude Oil

  • Most Liquid: WTI is the deepest and most liquid global energy benchmark, trading nearly 850,000 futures and options contracts daily.
  • Open Interest:Total open interest in WTI has exceeded 3 million lots, equivalent to more than 3 billion barrels.
  • Increased Access and Production:This year's 7 percent annual growth, the largest single-year gain since 1951, is driven by improved infrastructure and technology as well as procurement of oil from ample shale basins. Production of supply from the Mid-Continent, Bakken, and Canadian oil fields is expected to continue to rise.
  • Most Transparency: WTI's superior transparency and convergence to the physical market enables investors to make sound judgments on the basis of accurate weekly supply and demand information.
  • Efficient Margining: CME Group offers margin erosion and has the most WTI and Brent offsets
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Variations on the WTI contracts increase the ways oil producers and consumers can manage oil price risk. These products are listed for clearing through CME ClearPort and can be traded in the following ways:

  • Over-the-counter
  • Via open outcry
  • On CME Globex - for designated products
 

 

 
 

Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.