what does natural gas do, oil refinery plant in malaysia time,oil and gas company Exxon Mobil was ranked fourth among the biggest oil and gas companies, with a total revenue of some 233 billion U.S. dollars.

Knowledge About Crude Oil Futures

Crude oil is the most well-known commodity from the power sector and is the world’s most actively traded commodity. Light, sweet crude oil is preferred by refiners due to its low sulfur content and relatively excessive yields of excessive worth merchandise equivalent to gasoline, heating oil, and jet fuel.

Crude oil is probably the most well known commodity from the vitality sector and is the world’s most actively traded commodity. Mild, candy crude oil is most well-liked by refiners because of its low sulfur content material and comparatively excessive yields of high worth products comparable to gasoline, heating oil, and jet fuel. Producers of sweet crude oil embrace the United States, Saudi Arabia, Canada, Nigeria, and Romania. The NYMEX (New York Mercantile Trade) Division mild, oil refinery plant in malaysia time candy crude oil futures contract is the world’s most liquid forum for crude oil buying and selling.

Change
NYMEX

Buying and selling Symbol(s)
CL
YC (digital)

Trading Hours
Buying and selling hours are 9:00 am – 2:30 pm ET for open outcry and 6:00 pm to 5:15 pm for electronic trading.

Buying and selling months
Futures – F, G, H, J, Ok, M, N, Q, U, V, X, Z
Choices – F, G, H, J, Okay, M, N, Q, U, V, X, Z

Contract Dimension
1,000 oil refinery plant in malaysia time US barrels and is quoted in US dollars and cents per barrel.

Minimal Value Fluctuation
$0.01 per barrel or $10.00 per contract

All the data is offered by LearnAboutFutures.com. For more details and insights, please go to the web site for further references.
Article Tags: Sweet Crude

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