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Crude Oil Margins

Trade NYMEX WTI Crude Oil futures (CL), the world’s most liquid crude oil contract. When traders need the current oil price, they check the WTI Crude Oil price. WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production.

Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall. Our diverse WTI futures and options suite provides more flexibility to trade oil with WTI Crude Oil price discovery. View delayed WTI Oil prices and WTI Oil price charts below.

Exchange Asset Class Spread Products Type Ratio Side Start Period End Period Credit
NYM REFINED PRODUCTS NY-23 - NY HRBR ULSD LST DAY FIN FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-BH - NY HRBR ULSD BULL FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES 1 B 12/2020 12/2020
NYM REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT Delta 1 A 09/2020 11/2020 84%
CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES 1 B 12/2020 12/2020
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2020 12/2021 99%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 07/2020 07/2020
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 03/2021 04/2023
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 07/2022 03/2028 84%
CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX 1 A 01/2022 06/2022
CRUDE OIL SPREADS NY-E5 - ARGUS LLS VS. WTI (ARG) TRD M 1 A 08/2020 12/2025
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 01/2021 03/2021 84%
NY-WS - CRUDE OIL BULLET FUTURES 1 A 01/2021 03/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 01/2021 03/2021 84%
NY-CS - WTI CALENDAR FUT 1 A 01/2021 03/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 A 01/2021 03/2021 84%
NY-CY - BRENT FINANCIAL FUTURES 1 B 01/2021 03/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 A 01/2021 03/2021 84%
NY-CY - BRENT FINANCIAL FUTURES 1 B 01/2021 03/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 A 01/2021 03/2021 84%
NY-BB - BRENT FINANCIAL FUTURES 1 B 01/2021 03/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 01/2021 03/2021 84%
NY-WS - CRUDE OIL BULLET FUTURES 1 A 01/2021 03/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 01/2021 03/2021 84%
NY-CL - CRUDE OIL FUTURE NYMEX 1 A 01/2021 03/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 01/2021 03/2021 84%
NY-CS - WTI CALENDAR FUT 1 A 01/2021 03/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 A 01/2021 03/2021 84%
NY-CY - BRENT FINANCIAL FUTURES 1 B 01/2021 03/2021
NYM CRUDE OIL SPREADS NY-HIL - WTI HOUSTON ARGUS V. WTI FINANCIAL Delta 1 A 05/2020 05/2020 99%
CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX 1 A 07/2020 07/2020
CRUDE OIL NY-HIA - WTI HOUSTON (ARGUS) FINANCIAL FUT 1 B 05/2020 05/2020
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 01/2021 03/2021 84%
NY-WS - CRUDE OIL BULLET FUTURES 1 A 01/2021 03/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 01/2021 03/2021 84%
NY-CL - CRUDE OIL FUTURE NYMEX 1 A 01/2021 03/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 A 01/2021 03/2021 84%
NY-BZ - BRENT LAST DAY CONTRACT 1 B 01/2021 03/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 07/2022 03/2028 84%
CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX 1 A 07/2022 02/2031
CRUDE OIL SPREADS NY-E5 - ARGUS LLS VS. WTI (ARG) TRD M 1 A 08/2020 12/2025
NYM NGL/PETROCHEMICALS NY-1R - PROPANE NON LDH MT BELVIEU Delta 1 B 07/2020 04/2021 84%
NY-B0 - PROPANE 5 DECIMAL 1 A 06/2020 07/2020
NYM ELECTRICITY NY-B3 - PJM NI HUB 5MW REAL TIME PK Delta 23 A All dates 84%
NY-SDD - PJM WESTERN HUB DAY AHD PEAK FUT 1 B 06/2020 12/2025
NYM ELECTRICITY NY-B3 - PJM NI HUB 5MW REAL TIME PK Delta 23 A All dates 84%
NY-SRT - PJM WESTERN HUB PEAK AVG FUT 1 B 06/2020 12/2025
NYM CRUDE OIL SPREADS NY-YX - MARS (ARGUS) V WTI FUT Delta 1 A 05/2020 05/2020 99%
CRUDE OIL NY-MX - MARS(ARGUS) CALENDAR FUT 1 B 05/2020 05/2020
CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES 1 A 07/2020 07/2020
NYM ELECTRICITY NY-X1 - PJM AECO DA OFF-PEAK Delta 16 A 06/2020 04/2026 84%
NY-Y1 - PJM AECO DA PEAK 1 B 06/2020 04/2026
NYM ELECTRICITY NY-F2 - PJM JCPL DA OFF-PEAK Delta 16 A 06/2020 04/2026 84%
NY-Y1 - PJM AECO DA PEAK 1 B 06/2020 04/2026
NYM ELECTRICITY NY-R3 - PJM BGE DA OFF-PEAK Delta 1 B 06/2020 04/2026 84%
NY-X1 - PJM AECO DA OFF-PEAK 1 A 06/2020 04/2026
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2020 12/2021 99%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 07/2020 07/2020
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 12/2020 02/2021
NYM REFINED PRODUCTS NY-SE - SINGAPORE 380CST FUEL OIL FUT Delta 1 A 07/2020 11/2020 83%
NY-UV - EUROPE 3.5% FUEL OIL RDAM CALFUT 1 B 06/2020 06/2020
NYM REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT Delta 25 A 07/2020 11/2020 83%
NY-7H - GAS EURO-BOB OXY (ARG) NEW BRG 3 B 06/2020 06/2020
NYM REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT Delta 25 A 12/2020 02/2021 83%
NY-7H - GAS EURO-BOB OXY (ARG) NEW BRG 3 B 06/2020 06/2020
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2020 12/2021 99%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 07/2020 07/2020
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 07/2020 11/2020
NYM REFINED PRODUCTS NY-UN - EUROPE NAPHTHA CALFUT Delta 1 B 07/2020 11/2020 83%
CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX 9 A 11/2020 11/2020
NYM REFINED PRODUCTS NY-UN - EUROPE NAPHTHA CALFUT Delta 1 B 07/2020 11/2020 83%
CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT 9 A 11/2020 11/2020
NYM REFINED PRODUCTS NY-UN - EUROPE NAPHTHA CALFUT Delta 1 B 07/2020 11/2020 83%
CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES 9 A 11/2020 11/2020
NYM REFINED PRODUCTS NY-UN - EUROPE NAPHTHA CALFUT Delta 1 B 07/2020 11/2020 83%
CRUDE OIL NY-CS - WTI CALENDAR FUT 9 A 11/2020 11/2020
NYM REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT Delta 9 B 07/2020 07/2020 83%
NY-UN - EUROPE NAPHTHA CALFUT 1 A 07/2020 11/2020
NYM REFINED PRODUCTS NY-JA - JAPAN C&F NAPHTHA FUT Delta 1 B 05/2020 05/2020 100%
REFINED PRODUCTS NY-UN - EUROPE NAPHTHA CALFUT 1 A 05/2020 05/2020
PETROLEUM CRACKS AND SPREADS NY-EWN - E/W NAPHTHA JAPAN CF VS CRGOES CIF 1 A 05/2020 05/2020
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2020 12/2021 99%
CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES 1 A 07/2020 07/2020
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 07/2020 11/2020
NYM REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT Delta 9 B 07/2020 07/2020 83%
NY-UN - EUROPE NAPHTHA CALFUT 1 A 07/2020 11/2020
NYM REFINED PRODUCTS NY-BH - NY HRBR ULSD BULL FUT Delta 9 B 07/2020 07/2020 83%
NY-UN - EUROPE NAPHTHA CALFUT 1 A 07/2020 11/2020
NYM REFINED PRODUCTS NY-23 - NY HRBR ULSD LST DAY FIN FUT Delta 9 B 07/2020 07/2020 83%
NY-UN - EUROPE NAPHTHA CALFUT 1 A 07/2020 11/2020

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