Energy markets fuel many of the world’s economies and impact every nation. Futures contract on crude oil, refined products, natural gas, power, biofuels and coal can help industry participants to manage risks and harness potential of this rapidly changing arena.

Energy markets are volatile because it is easily sparked by geopolitical issues globally. The major factors that affect the market price for this type of commodity are supplies, weather, and seasonal cycle.

Contract Specifications:

Crude Oil Futures
E-mini Crude Oil Futures
Henry Hub Natural Gas Futures
RBOB Gasoline Futures
NY Heating Oil Futures
NYM Brent Last Day Futures

WTI Crude oil futures are the West Texas Intermediate, (WTI) or light sweet crude oil that is stored and distributed in Cushing, Oklahoma and has long been a benchmark for oil prices.

Exchange NYMEX
Code CL
Contract Multiplier 1,000 barrels
Min Price Fluctuation $ 0.01
Value Per Tick $ 10.00
Settlement Physical Delivery

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

E-mini Crude oil futures contracts are half the size of the full size WTI Crude Oil contract that consists of the West Texas Intermediate, (WTI) or light sweet crude oil that is stored and distributed in Cushing, Oklahoma and has long been a benchmark for oil prices.

Exchange NYMEX
Code QM
Contract Multiplier 500 barrels
Min Price Fluctuation $ 0.025
Value Per Tick $ 12.50
Settlement Cash Settled

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

With exports growing to Europe, South America and Asia, NYMEX Henry Hub Natural Gas futures (ticker symbol NG) have become the global price benchmark for trading natural gas. Today the contract provides one of the most cost-efficient ways to manage risk in the highly volatile natural gas market. What Is Henry Hub? Henry Hub refers to the central delivery location (or, hub) located near the Louisiana’s Gulf Coast, connecting several intrastate and interstate pipelines. Henry Hub has been used as a pricing reference for the futures since April 1990.

Exchange NYMEX
Code NG
Contract Multiplier 10,000 mmBtu
Min Price Fluctuation $ 0.001
Value Per Tick $ 10.00
Settlement Physical Delivery

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

RBOB futures is based on reformulated gasoline blend-stock for oxygen blending, or RBOB, which is also another way of saying unleaded gas, one of the most used commodities in the world.

Exchange NYMEX
Code RB
Contract Multiplier 42,000 gallons
Min Price Fluctuation $ 0.0001
Value Per Tick $ 4.20
Settlement Physical Delivery

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

Exchange NYMEX
Code HO
Contract Multiplier 42,000 gallons
Min Price Fluctuation $ 0.0001
Value Per Tick $ 4.20
Settlement Physical Delivery

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

Exchange NYMEX
Code BZ
Contract Multiplier 1,000 barrels
Min Price Fluctuation $ 0.01
Value Per Tick $ 10.00
Settlement Cash Settled

TRADING HOURS(Malaysia Time, GMT +8)

New York Mercantile Exchange (NYMEX)
Monday through Saturday : 7.00 a.m. – 6.00 a.m. (Next Day)

Note: Daylight saving starts one hour earlier in the U.S.

Source: CME Group Website

Sign up today

Be part of an award-winning Malaysian listed derivatives broker with over 20 years of expertise in the Malaysian listed derivatives industry.

Open An Account Now