LOOP Sour Crude Oil Storage Futures Fact Card

The First Ever Physically Delivered Crude Oil Storage Futures Contract

Together with the Louisiana Offshore Oil Port (LOOP) and Matrix, CME Group is pleased to launch an innovative exchange-traded futures contract based on crude oil storage capacity at the LOOP Clovelly Hub. LOOP Crude Oil Storage futures (LPS) will help customers manage their physical crude storage price risk, while enhancing price transparency of, and access to, short-term (monthly) storage capacity along the U.S. Gulf Coast.

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