Nymex Crude Oil

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The New York Mercantile Exchange (Nymex) offers two kinds of crude oil futures contracts, West Texas Intermediate Light Sweet Crude Oil and Brent Crude Oil. The Brent contract is an outright financially-settled contract, available for trading on CME Globex or for clearing through NYMEX ClearPort.[1]


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References

  1. Nymex Energy Complex. Nymex. Retrieved on July 21, 2008.


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