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. Chicago Time/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: HDBCME ClearPort: HDBClearing: HDB
|
Listed Contracts
|
Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month is equal to the NYMEX WTI Houston Crude Oil front month settlement price minus the Brent (Dated) front month price from the S&P Global Platts Crude Oil Marketwire for each business day that it is determined during the calendar month. |
Termination Of Trading
|
Trading terminates on the last business day of the contract month.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 814 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |