WTI Crude oil futures are the West Texas Intermediate, (WTI) or light sweet crude oil that is stored and distributed in Cushing, Oklahoma and has long been a benchmark for oil prices.
Energy futures markets allow traders to hedge the risk they may carry in their equity portfolio or jump to opportunities triggered by economic, political or weather events.
They offer instant exposure to the underlying commodity of your choice, whether it's crude oil, natural gas, gasoline or heating oil.
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All
5:00pm – 4:00pm (Sun–Fri) CT with a 60-minute break each day beginning at 4:00pm CT
WTI Crude Oil
1,000 barrels
CME offers electronic trading almost 24/6
$0.01 per barrel
CL
$10.00 U.S. Dollars
Deliverable
Quarterly, Monthly, Weekly
Trading terminates 3 business day prior to the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day
WTI Crude Oil
Monthly, Weekly
Monthly - LO
Weekly - LO1-LO5
Globex
5:00pm – 4:00pm (Sun–Fri) CT with a 60-minute break each day beginning at 4:00pm CT
American and European
$0.01 per barrel