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Heating Oil Financial Futures
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Description

Heating Oil (Financial) futures are an outright heating oil contract between a buyer and a seller.
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Heating Oil Financial Futures
Product Symbol BH
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (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 AM to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 42,000 gallons
Price Quotation U.S. dollars and cents per gallon.
Minimum Fluctuation $0.0001 per gallon
Floating Price The Floating Price is equal to the NYMEX New York Harbor Heating Oil Futures first nearby contract settlement price on the penultimate trading day for the delivery month.
Termination of Trading Trading shall cease one business day prior to the termination date of the NYMEX New York Harbor Heating Oil Futures Contract for the delivery month.
Listed Contracts Current year and next 3 calendar years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 825
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.