Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 0.01 per barrel = $10.00
Product Code CME Globex: DCL
CME ClearPort: DCL
Clearing: DCL
Listed Contracts Daily contracts listed for the current month and the next calendar month. Add daily contracts for a new calendar month following the termination of trading of the last contract day of the current month.
Settlement Method Financially Settled
Floating Price The Floating Price for each daily contract is equal to the settlement price for the NYMEX Light Sweet Crude Oil Futures contract.
Termination Of Trading Trading terminates on the contract day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 179
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing