Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents perarrel
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: WTS
CME ClearPort: WTS
Clearing: WTS
Listed Contracts Monthly contracts listed for the current year and the next 5 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 arithmetic average of the WTS (1st month) weighted average price from Argus Media for each business day that it is determined during the contract month.
Termination Of Trading Trading terminates on the last business day of the contract month.
Settlement Procedures Financial
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1140
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing