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Energy Futures Contract Specifications

 

Commodity: Light Sweet Crude Oil
Commodity Symbol: CL
Commodity Exchange: New York Mercantile Exchange

Contract Size:

1,000 U.S. barrels (42,000 gallons).

Prices Quoted In:

Dollars and cents per barrel.

Tick Value:

$0.01 per barrel ($10.00 per contract)

Daily Price Limit:

$10.00 per barrel ($10,000 per contract) for all months.

Contract Months:

30 consecutive months plus long-dated futures initially listed 36, 48, 60, 72, and 84 months prior to delivery.

Last Trading Day:

The third business day prior to the 25th calendar day of the month preceding the delivery month.

Trading Hours:

10:00 am until 2:30 pm Eastern Standard Time, Monday Through Friday

 

 

Commodity: Heating Oil
Commodity Symbol: HO
Commodity Exchange: New York Mercantile Exchange

Contract Size:

42,000 U.S. gallons (1,000 barrels).

Prices Quoted In:

Dollars and cents per gallon

Tick Value:

$0.0001 per gallon ($4.20 per contract)

Daily Price Limit:

$0.25 per gallon ($10,500 per contract) for all months.

Contract Months:

18 consecutive months.

Last Trading Day:

The last business day of the month preceding the delivery month.

Trading Hours:

10:05 am until 2:30 pm Eastern Standard Time, Monday Through Friday

 

 

Commodity: Unleaded Gasoline
Commodity Symbol: HU
Commodity Exchange: New York Mercantile Exchange

Contract Size:

42,000 U.S. gallons (1,000 barrels).

Prices Quoted In:

Dollars and cents per gallon.

Tick Value:

$0.0001 per gallon ($4.20 per contract)

Daily Price Limit:

$0.25 per gallon ($10,500 per contract) for all months.

Contract Months:

12 consecutive months.

Last Trading Day:

The last business day of the month preceding the delivery month.

Trading Hours:

10:05 am until 2:30 pm Eastern Standard Time, Monday Through Friday

 

Commodity: Natural Gas
Commodity Symbol: NG
Commodity Exchange: New York Mercantile Exchange

Contract Size:

10,000 million British thermal units (mmBtu).

Prices Quoted In:

Dollars and cents per mmBtu.

Tick Value:

$0.001 per mmBtu ($10.00 per contract)

Daily Price Limit:

$3.00 per mmBtu ($30,000 per contract) for all months.

Contract Months:

72 consecutive months starting with the next calendar month.

Last Trading Day:

Three business days prior to the first calendar day of the delivery month.

Trading Hours:

10:00 am until 2:30 pm Eastern Standard Time, Monday Through Friday

 


Starting Out in Futures Trading | Economic Indicators for Futures Traders  | Resources for Futures Traders | Futures Trading Articles | Futures Trading Books and Book Reviews | Futures Trading Links
Home | Futures Contracts | Types of Futures Orders | Placing Futures Orders | COT Reports | Open Interest | Volume | Futures Margins and Maintenance | Fundamental Analysis | Technical Analysis | Reading Futures Prices | Seasonals | Intermarket Relationships | Money Management | Futures Contract Specifications | Commodity Month Symbols | Limiting Risk Exposure | Larry Williams | Jake Bernstein | John Murphy | Ryan Jones | Alexander Elder | Jack Schwager


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