Sour Crude Oil Products in the U.S. Gulf Coast
Mon Jul 25 20:25:00 CDT 2011 CT
Related Keywords: Energy, Product Information

NameThe Exchange has introduced several new products to satisfy the growing interest in a new sour crude oil benchmark in the U.S. Gulf Coast. Because the world oil industry has shown a capacity to embrace both physically delivered contracts as well as financially settled contracts, CME Group is committed to providing a comprehensive choice to the industry to meet what may be an auspicious opportunity to forge an additional benchmark. The new product slate features a physically delivered crude oil contract and four financially settled contracts. This short piece will discuss each in more detail including why they are be launched, who they are designed for and the key contract specifications you need to start trading them.


 
 
 
 
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