NYMEX Light Sweet Crude Oil

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For general information about the commodity, see Crude Oil.


Light Sweet Crude Oil futures
Exchange NYMEX
Settlement Physically delivered
Contract Size 1000 US barrels (42,000 gallons)
Pricing Unit $10
Tick Value $10
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.
  Open Outcry Electronic
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
Ticker Symbol CL CL
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

Contract Volume

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
2014 145,147,334 (-)1.7%
2013 147,690,593 --

Notes