|Contract Unit||1,000 U.S. barrels|
|Price Quotation||U.S. dollars and cents per barrel|
|Trading Hours||CME Globex:||CME ClearPort:|
|Minimum Price Fluctuation||$0.01 per barrel|
|Product Code||CME Globex: AMLCME ClearPort: MLClearing: ML|
|Listed Contracts||36 consecutive months|
|Settlement Method||Financially Settled|
|Floating Price||The Floating Price for each contract month is equal to the arithmetic average of the mid-point between the high and low quotations from Platts Oilgram Price Report for New York No. 6 1%S Max Fuel (Waterborne Cargo) minus the NYMEX Light Sweet Crude Oil Futures first nearby
contract month settlement price for each business day that both are determined during the contract month.
|Termination Of Trading||Trading shall cease on the last business day of the contract month.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 615|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|
Register for regular updates here and manage your email preferences.