North America Crude and Refined Futures and Options

NYMEX North American Crude Futures and Options

Access forward-curve liquidity across a broad product slate of crude oil futures and options covering key locations and crude grades. Trade North American crude oil grades as differentials to our benchmark WTI Light Sweet Crude (CL), Brent (BZ), or as outright prices.

Features and benefits

Comprehensive product slate
Trade Crude Oil futures, options, and spreads over 10 different grades of light, medium, and heavy crude oils.  Choose from Trade Month, Calendar Month, and Balance of Month (BALMO) structures.

Diverse geographic exposure
Get exposure to Gulf Coast, Permian, Louisiana, and Cushing pricing hubs. The futures are settled to the widely used Argus physical crude oil price assessments.

Forward curve liquidity
Trade WTI Houston (Argus) futures vs. WTI Trade Month futures, which offer the best liquidity for Gulf Coast price exposure in the front months and several calendar years forward. 

Capital efficiencies
Maximize capital efficiencies through margin offsets and streamlined operations of managing crude exposure in a single marketplace, through the same clearinghouse.

Resources

Argus Crude Oil futures contracts

Precision Hedging for Gulf Coast Crude Oil

Argus Crude Market Ticker on CME Direct

Growing Relevance of U.S. Domestic Crude Oil Grades

Contact Us

For product-related questions, please contact:

energy@cmegroup.com

For technical support, please contact Global Command Center.
U.S.: +1 800 438 8616
Europe: +44 20 7623 4747
Asia: +65 6532 5010

Products by Region

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Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
HTT HTT - HTT WTI Houston (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 16,286 398,559
WTT WTT - WTT WTI Midland (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 4,090 305,977
FF AFF - FF WTI Midland (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 11,450
WTO WTO - WTO WTI Midland (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 11,400
HTB HTB - HTB WTI Houston (Argus) vs. WTI Trade Month BALMO Futures NYMEX Energy Crude Oil North American Spreads Futures 1,750 6,292
HIL HIL - HIL WTI Houston (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 90
WTI WTI - WTI WTI Midland (Argus) Trade Month Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
HTA HTA - HTA WTI Houston (Argus) Trade Month Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
HIB HIB - HIB WTI Houston (Argus) vs. WTI BALMO Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WHB WHB - WHB WTI Houston (Argus) vs. Brent Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WMR WMR - WMR WTI Midland (Argus) vs. Brent Calendar Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WBR WBR - WBR WTI Houston (Argus) vs. Brent Calendar Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WMB WMB - WMB WTI Midland (Argus) vs. Brent Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WTB WTB - WTB WTI Midland (Argus) vs. WTI Trade Month BALMO Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
HIA HIA - HIA WTI Houston (Argus) Financial Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
HIO HIO - HIO WTI Houston (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
FFO FFO - FFO WTI Midland (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
XB AXB - XB WTI Midland (Argus) Financial Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
HTO HTO - HTO WTI Houston (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
FFB FFB - FFB WTI Midland (Argus) vs. WTI Financial BALMO Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
Trade Date: 10 Dec 2024 | FINAL
Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
HTT HTT - HTT WTI Houston (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 16,286 398,559
YV AYV - YV Mars (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 1,225 9,210
HTB HTB - HTB WTI Houston (Argus) vs. WTI Trade Month BALMO Futures NYMEX Energy Crude Oil North American Spreads Futures 1,750 6,292
E5 AE5 - E5 Argus LLS vs. WTI (Argus) Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 1,500 4,455
HIL HIL - HIL WTI Houston (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 90
WJ AWJ - WJ LLS (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 20
HIB HIB - HIB WTI Houston (Argus) vs. WTI BALMO Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WHB WHB - WHB WTI Houston (Argus) vs. Brent Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WCH WCH - WCH WCS Houston (Argus) vs. WTI Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WBR WBR - WBR WTI Houston (Argus) vs. Brent Calendar Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WHT WHT - WHT WCS Houston (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
HIO HIO - HIO WTI Houston (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
SCT SCT - SCT Southern Green Canyon (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
36 36 - 36 Argus Sour Crude Index (ASCI) vs. WTI Diff Spread Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
YX AYX - YX Mars (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
38 38 - 38 Argus Sour Crude Index (ASCI) vs. WTI Diff Spread Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
HTO HTO - HTO WTI Houston (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
SCF SCF - SCF Southern Green Canyon (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
Trade Date: 10 Dec 2024 | FINAL
Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
ANT ANT - ANT Argus WTI Diff vs. CMA NYMEX Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 300
V7 V7 - V7 Argus WTI Trade Month Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
WNT WNT - WNT WCS Cushing (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WNC WNC - WNC WCS Cushing (Argus) vs. WTI Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WAO WAO - WAO WCS Cushing (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
BKT BKT - BKT Bakken Cushing (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
WNO WNO - WNO WCS Cushing (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
BKF BKF - BKF Bakken Cushing (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
Trade Date: 10 Dec 2024 | FINAL
Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
WTT WTT - WTT WTI Midland (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 4,090 305,977
FF AFF - FF WTI Midland (Argus) vs. WTI Financial Futures NYMEX Energy Crude Oil North American Spreads Futures 0 11,450
WTO WTO - WTO WTI Midland (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 11,400
WMR WMR - WMR WTI Midland (Argus) vs. Brent Calendar Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WTL WTL - WTL WTL Midland (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
TIL TIL - TIL WTL Midland (Argus) vs. WTI Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WMB WMB - WMB WTI Midland (Argus) vs. Brent Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WTB WTB - WTB WTI Midland (Argus) vs. WTI Trade Month BALMO Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
FFO FFO - FFO WTI Midland (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
WTD WTD - WTD WTI Midland (Argus) vs. Dubai (Platts) Calendar Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
FFB FFB - FFB WTI Midland (Argus) vs. WTI Financial BALMO Futures NYMEX Energy Crude Oil North American Outrights Futures 0 0
Trade Date: 10 Dec 2024 | FINAL
Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
WNT WNT - WNT WCS Cushing (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WCH WCH - WCH WCS Houston (Argus) vs. WTI Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WNC WNC - WNC WCS Cushing (Argus) vs. WTI Calendar Month Futures NYMEX Energy Crude Oil North American Spreads Futures 0 0
WAO WAO - WAO WCS Cushing (Argus) vs. WTI Calendar Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
WHT WHT - WHT WCS Houston (Argus) vs. WTI Trade Month Futures NYMEX Energy Crude Oil Arb Spreads Futures 0 0
WNO WNO - WNO WCS Cushing (Argus) vs. WTI Trade Month Average Price Option NYMEX Energy Crude Oil North American Spreads Options 0 0
Trade Date: 10 Dec 2024 | FINAL
Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
LO LO - LO Crude Oil Option NYMEX Energy Crude Oil North American Outrights Options 113,395 2,048,753
CL CL - CL Crude Oil Futures NYMEX Energy Crude Oil North American Outrights Futures 763,981 1,808,227
7A B7A - 7A Crude Oil Financial Calendar Spread Option 1 Month NYMEX Energy Crude Oil North American Outrights Options 16,850 387,240
AO AAO - AO WTI Average Price Option NYMEX Energy Crude Oil North American Outrights Options 387 277,205
WA WAY - WA WTI Crude Oil 1 Month Calendar Spread Option NYMEX Energy Crude Oil North American Spreads Options 3,250 155,000
CS CSX - CS WTI Financial Futures NYMEX Energy Crude Oil North American Outrights Futures 17,720 151,130
BV ABV - BV WTI-Brent Crude Oil Spread Option NYMEX Energy Crude Oil Arb Spreads Options 0 149,330
BK BK - BK WTI-Brent Financial Futures NYMEX Energy Crude Oil Arb Spreads Futures 5,625 137,368
LC LCE - LC Light Sweet Crude Oil European Financial Option NYMEX Energy Crude Oil North American Outrights Options 0 87,594
LO1 LO1 - LO1 Crude Oil Friday Weekly Option - Week 1 NYMEX Energy Crude Oil North American Outrights Options 33 60
Trade Date: 10 Dec 2024 | FINAL

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