CME Group provides access to global Energy benchmark products on NYMEX, the most liquid marketplace with the widest range of Energy futures and options contracts. Our expanding suite of Energy derivatives are available nearly 24 hours a day through our platforms with a suite of pre- and post- trade services.
Our expanding suite of Freight products include three new contracts, allowing LNG participants to effectively hedge LNG freight exposure across three routes: Sabine to Tokyo, Gladstone to Tokyo, and Sabine to UK.
Freight futures’ volumes more than doubled during the last 12 months as market participants look to manage rising costs while new LNG Freight futures traded over 50 lots across all three routes on launch day. The financially-settled LNG Freight futures offer increased flexibility in the LNG marketplace, added counterparty risk mitigation through CME Clearing, and margin offsets to key NYMEX Natural Gas contracts.
Hedge global shipping costs with LNG Freight futures on NYMEX.
Explore LNG Freight futures
Starting with the March 2020 contract, physically delivered WTI Houston Crude Oil will be more reflective of Permian grade crude in the US Gulf Coast market. The enhancements offer the US Gulf Coast crude oil marketplace additional access to adjacent crude markets and a precise hedging tool.
WTI Houston enhancements:
Keep track of weekly crude oil quality statistics at ECHO terminal, based on average sample results of individual WTI and WTL batches.
With the implementation of International Maritime Organization (IMO) 2020 low sulfur regulations, global shipping prices are uncertain and causing a rise in liquidity across 0.5% Marine Fuel futures contracts. Our suite of Marine Fuel 0.5% futures, a series of cash-settled futures contracts based on the Platts price assessment, allows traders to hedge marine fuel exposure in three locations: Houston, Singapore, and Rotterdam.
Participants now have more flexibility to hedge IMO 2020 compliant fuel oil across three regions. Since launch, 12 different NYMEX Marine Fuel 0.5% futures have traded at CME Group across the Rotterdam, Singapore, and US Gulf Coast regions. Marine Fuel 0.5% futures average open interest surged to 12,321 in December 2019, more than doubling November’s average open interest of 5,912.
The CME Group energy options market is a great indicator of market sentiment, whether bullish or bearish. Movement in options suggests implied volatility in the underlying futures contract.
Coming soon: Simpler expiration rules for Brent Crude Oil options are available starting with the March 2020 contract on NYMEX.
Contrary instructions for BZO options will be eliminated, providing additional certainty for traders hedging the volatile crude markets.
Check out our expanding suite of European Natural Gas options contracts and exercise and assignment prices are now available to trade at CME Group.