NYMEX Light Sweet Crude Oil
For general information about the commodity, see Crude Oil.
|Light Sweet Crude Oil futures|
|Contract Size||1000 US barrels (42,000 gallons)|
|Contract Months||Consecutive months for current year and next five years; June and December months beyond sixth year through ninth year|
|Last Trading Day||Close of business on 3rd business day prior to the 25th calendar day of the month preceding the delivery month.|
|Trading Hours||9:00 AM to 2:30 PM Eastern, Monday through Friday||6:00 PM to 5:15 PM Eastern, Sunday through Friday, via CME Globex|
|Price Limits||$10.00 per barrel above or below the previous day's settlement price for a given contract month||$10.00 per barrel above or below the previous day's settlement price for a given contract month|
In 2014, the volume of NYMEX light, sweet crude oil futures traded ranked second among all energy futures and options contracts according to the FIA.
|Year||Total Annual Volume||Percent Change|