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. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
Minimum Price Fluctuation
|
0.001 per barrel = $1.00
|
Product Code
|
CME Globex: 1NACME ClearPort: 1NDClearing: 1ND
|
Listed Contracts
|
Monthly contracts listed for 12 consecutive months
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from Platts Oilgram Price Report for Singapore Mogas 92 Unleaded Gasoline minus the mid-point between the high and low quotations from Platts Crude Oil Marketwire for the Dubai front month price for each business day during the contract month. |
Termination Of Trading
|
Trading terminates on the last business day of the contract month.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 1084 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |