Q2 2019 Energy Report

  • 26 Jun 2019
  • By CME Group
  • Topics: Energy

Tools

CME OPEC Watch Tool

The next OPEC+ meeting is finally scheduled for July 1-2, right ahead of the WTI Weekly Option July 5 expiry, but what’s next? How are you preparing for the possible OPEC meeting outcomes?

Check out the CME OPEC Watch tool to stay up-to-date with the latest probabilities of the OPEC meeting.


In Our Markets

WTI Weekly Options on NYMEX

Global market events like the upcoming OPEC meeting can have a dramatic impact on the energy markets. Weekly options give you greater flexibility to manage volatility arising from these events, along with the added benefit of shorter expiration to implement strategies at a lower premium.

Discover Weekly Options

*volume and open interest as of June 21, 2019


WTI Crude Oil's Influence on Global Pricing

U.S. Energy Information Administration (EIA) data showed that U.S. crude production averaged 12.3 million barrels per day by the end of May 2019. In addition, U.S. crude exports increased significantly to both Asia and Europe year on year.

Read why WTI is becoming a major influence on international crude oil pricing and challenging Dated Brent as a global reference price.


Henry Hub Pricing Global Gas

Henry Hub accounts for 86% of total natural gas derivatives traded globally and it’s showing no signs of slowing. The growth in international trade in natural gas has led to growth in related derivatives as producers and power companies use futures markets to hedge their price risk.

Read more about the global gas benchmark and how traders are utilizing the derivative across the globe.

Market Highlights

Trading at Settlement (TAS)

Trading at Settlement (TAS) is an order type that allows you to execute at a spread to the settlement price at any time during the trading session.

See How TAS Works


Holiday Trading Hours

All Times are in Central (ET + 1, UTC + 5)

Date Close Open
Wednesday, July 3 16:00 17:00
Thursday, July 4* 12:00 17:00
Friday, July 5* 16:00 N/A

*Trade Date will be Friday, July 5


PetroMatrix Crude Oil Insight

Our exclusive chart of the week insight series is available every two weeks. If you are an oil trader looking for an edge, download the latest chart


NYMEX Global Gas on Trayport Joule Direct

Access our global gas offering now available to trade on one screen.


Orbital Insights

Orbital Insight Energy provides access to global and regional crude oil volume estimates, monitoring over 5 billion barrels of oil storage capacity across more than 25,000 tanks.

Learn More


QuikStrike

The QuikVol Tool from QuikStrike lets you chart and analyze historical volatility data for more than 40 CME Group products, offering views into implied and actual volatility, skew, constant maturity, and implied volatility cones.

Learn More


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