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[edit]
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 | -- |