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.
Buying and selling Symbol(s)
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
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
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Article Tags: Sweet Crude
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