West Texas Intermediate crude at the Magellan East Houston terminal traded Tuesday at a discount to NYMEX front month light sweet crude for the first time in more than four years, as a market in contango continues to push barrels into storage and weakening refining margins suggest refinery run cuts.

That led the NYMEX at the time to tell the market it should refer to the contract as light sweet crude instead of WTI, though the three-letter acronym persists to this day. CME says NYMEX Crude represents light sweet crude oil meeting a series of specifications including 37−42 API, less than 0.42% sulfur and other parameters. Crude oil is the most actively traded commodity in the world - and the NYMEX contract for light sweet crude is the most liquid of all crude oil contracts. Each crude oil contract represents 1,000 barrels. The e-mini contract represents 500 barrels and trades on the CME Globex electronic platform, but is cleared at the New York Mercantile Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. Louisiana Light Sweet Crude • 9 hours The NYMEX crude oil future contract may be the most important energy commodity in the world. Light, sweet crudes are preferred by refiners because of their relatively high yields of high-value products such as unleaded gas, diesel fuel, heating oil, and jet fuel. visit Gasoline Futures, Heating Oil Futures and Natural Gas Futures. ETFs Tracking The Light, sweet crude oil delivered to Cushing, Oklahoma - ETF Holdings. The following table presents holdings data for all ETFs tracking the Light, sweet crude oil delivered to Cushing, Oklahoma. For more detailed holdings data for an ETF click the 'View' link in the right column. Crude oil was the world's first trillion-dollar industry and accounts for the single largest product in world trade. Futures and options on crude oil trade at the CME Group and at the International Petroleum Exchange in London (IPE). The CME trades two main types of crude oil: light sweet crude oil and Brent crude oil. Overview and quotes of indices for Light_Sweet_Crude_Oil_Futures_ETH_Energy_NYMEX_Futures as overview-, performance-, chart- and quoteboard view

Light Sweet Crude Oil . Synonyms: Crude Petroleum . 1.2. Intended Use of the Product. A natural product derived from various oil production field primarily consisting of a complex combination of paraffinic and aromatic hydrocarbons and variable amounts of nitrogen and sulfur compounds.

ETFs Tracking The Light, sweet crude oil delivered to Cushing, Oklahoma - ETF Holdings. The following table presents holdings data for all ETFs tracking the Light, sweet crude oil delivered to Cushing, Oklahoma. For more detailed holdings data for an ETF click the 'View' link in the right column. Crude oil was the world's first trillion-dollar industry and accounts for the single largest product in world trade. Futures and options on crude oil trade at the CME Group and at the International Petroleum Exchange in London (IPE). The CME trades two main types of crude oil: light sweet crude oil and Brent crude oil. Overview and quotes of indices for Light_Sweet_Crude_Oil_Futures_ETH_Energy_NYMEX_Futures as overview-, performance-, chart- and quoteboard view How Do You Take Your Crude? Light & Sweet or Heavy & Sour? Refineries take a nearly useless hazardous material - crude oil, the unprocessed stuff that comes out of the ground - and turn it into valuable refined products like gasoline, diesel and jet fuel, petrochemicals, and other materials, including the Styrofoam cup your java comes in.

Get WTI Crude (Apr'20) (@CL.1:New York Mercantile Exchange) real-time stock quotes, news and financial information from CNBC. Crude oil spikes in best day ever - here's what could come next

•The quality of WTI/ Domestic Sweet crude oil has been vitally important to refiners for decades. •Refiners were and continue to be concerned about blending of incompatible crudes into the Domestic sweet stream and •NYMEX (CME Group) Chapter 200.12 Light Sweet Crude Oil NYMEX Light Sweet Crude Oil Futures Open Interest is at a current level of 2.221M, N/A from last week and up from 2.068M one year ago. This is a change of N/A from last week and 7.40% from one year ago. History of Crude Oil Prices at The New York Mercantile Exchange. NYMEX WTI Crude Oil: Weekly Price History of NYMEX (WTI) Crude Oil for Future Delivery - 2006 to The Present. Most Recent, Week-Ending Close Value WTI light, sweet crude oil for future delivery as traded on the New York Mercantile Exchange (NYMEX) West Texas Intermediate crude at the Magellan East Houston terminal traded Tuesday at a discount to NYMEX front month light sweet crude for the first time in more than four years, as a market in contango continues to push barrels into storage and weakening refining margins suggest refinery run cuts. Free Instant Analysis. Let our Trade Triangle technology, brought to you courtesy of our premium service MarketClub, instantly analyze any stock, futures or forex market for you.It's free, It's informative, It's on the money. View our complimentary trend analysis for CRUDE OIL Nov 2019 (CL.X19) now.

In 2008, NYMEX became part of CME Group. Together, we offer the most extensive and liquid energy complex in the world, including Light Sweet Crude Oil (WTI), Natural Gas (Henry Hub), petroleum and electricity products. Many of our contracts are benchmarks that

Light crude oil futures trading, dates back to the 1970's. Energy markets are relatively new compared to the more established commodities market. These took birth mainly to control the intrinsic volatile nature of the commodities market, and risk management. WTI Light Sweet Crude Oil and RBOB Gasoline futures contracts are listed by and subject to the rules of NYMEX. As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. Active Contract Month; NYMEX Light Sweet Crude Oil Future June 2019: NYMEX Light Sweet Crude Oil Future May 2019: NYMEX Light Sweet Crude Oil Future April 2019 Overview and quotes of indices for Light_Sweet_Crude_Oil_Futures_ETH_Energy_NYMEX_Futures as overview-, performance-, chart- and quoteboard view All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. In 2008, NYMEX became part of CME Group. Together, we offer the most extensive and liquid energy complex in the world, including Light Sweet Crude Oil (WTI), Natural Gas (Henry Hub), petroleum and electricity products. Many of our contracts are benchmarks that

Der liquideste Future-Kontrakt auf dem US-Rohstoffmarkt ist Light Sweet Crude Oil. Dieser Future wird seit 1983 an der New York Mercantile Exchange (NYMEX) gehandelt.

Light Crude Oil Futures. NYMEX NYMEX. Follow CL1! Following CL1! Unfollow CL1! Prev. Open. Volume — Day's Range. Prev. Open. Volume — Day's Range. Follow CL1! Following CL1! Unfollow CL1! Overview Ideas Technicals . Contracts ; CLJ2020 CRUDE OIL FUTURES (APR 2020) 20200320.00: Refiners prefer light sweet crude for processing because it requires less advanced and energy intensive infrastructure for refining. This means lower capital outlay and better margins in terms of product value and output. So, the complexity in processing crude oil is directly related to whether it is sweet or sour crude. Light sweet crude oil is an especially sought-after form of crude oil that can be used to make products like gasoline, kerosene, and high-quality diesel.Although many consumers think that most crude oil is essentially the same, in fact there are a number of classifications for crude oil which are used to divide the oil by impurities and consistency. Light Sweet Crude Oil . Synonyms: Crude Petroleum . 1.2. Intended Use of the Product. A natural product derived from various oil production field primarily consisting of a complex combination of paraffinic and aromatic hydrocarbons and variable amounts of nitrogen and sulfur compounds.

Check out the latest ideas and forecasts on Light Crude Oil Futures from our top authors — they share Elliott Wave View: Sweet Crude Oil (CL_F) in Ending Diagonal Os dejamos un objetivo bajista para el crudo ligero West Texas. WTI Crude (May'20). @CL.1:New York Mercantile Exchange. *Data is delayed | USD.