Crude Oil Financial Futures (Globex)
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Contract Specifications:WS,NYMEX
Trading Unit: 1,000 U.S. barrels (42,000 gallons)
Tick Size: U.S. dollars and cents per barrels
Quoted Units: US $ per barrel
Initial Margin: $4,050   Maint Margin: $3,000
Contract Months: The current year and the next five years. A new calendar year will be added following the termination of trading in the December contract of the current year
Last Trading Day: Trading terminates at the close of business on the fourth business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading shall cease on the fourth business d
Trading Hours: The contract is available for trading on the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM.


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