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2. Delivery month - Wikipedia

   en.wikipedia.org/wiki/Delivery_month

   To name a specific contract in a financial futures market, the month code will follow the contract code, and in turn be followed by the year. For example, CLZ3 is the December 2023 NYMEX crude oil contract. CL denotes crude oil (crude light), Z corresponds to the December delivery month, and 3 refers to 2023.

3. New York Mercantile Exchange - Wikipedia

   en.wikipedia.org/wiki/New_York_Mercantile_Exchange

   NYMEX provided an "open market" and thus transparent pricing for heating oil, and, eventually, crude oil, gasoline, and natural gas. NYMEX's oil futures contracts were standardized for the delivery of West Texas Intermediate light, sweet crude oil to Cushing.

4. List of traded commodities - Wikipedia

   en.wikipedia.org/wiki/List_of_traded_commodities

   The following is a list of futures contracts on physically traded commodities. ... WTI Crude Oil: NYMEX, ICE: 1000 bbl (42,000 U.S. gal) ... Heating Oil: NYMEX: 1000 ...

5. Crude oil prices reach highest since October as energy ... - AOL

   www.aol.com/finance/crude-oil-prices-reach...

   WTI crude oil futures briefly topped $85 per barrel on Tuesday while Brent crude , the international benchmark price, rose above $88 per barrel. The year-to-date rise in oil prices comes amid ...

6. Oil falls nearly 5% as demand worries, inventory builds send ...

   www.aol.com/finance/oil-falls-5-demand-worries...

   On Thursday, West Texas Intermediate crude oil futures fell 4.9% to settle at $72.90 per barrel. Brent ( BZ=F ) crude oil, the international benchmark price, fell by 4.63% to close at $77.42 per ...

7. West Texas Intermediate - Wikipedia

   en.wikipedia.org/wiki/West_Texas_Intermediate

   The volatility of crude oil prices after the US oil price decontrol led to the development of the NYMEX WTI Light Sweet Crude Oil futures contract in 1983. [2] The NYMEX Crude Oil contract trades under the symbol CL on the New York Mercantile Exchange, now part of Chicago Mercantile Exchange. [2] The contract is for 1,000 US barrels, or 42,000 ...

8. Benchmark (crude oil) - Wikipedia

   en.wikipedia.org/wiki/Benchmark_(crude_oil)

   The first futures contracts on crude oil were traded in 1983, with the Chicago Board of Trade (CBOT) and the New York Mercantile Exchange (Nymex) both attempting to take advantage of the government's de-regulation of crude oil. CBOT's initial contracts had delivery problems, so customers abandoned it for Nymex.

9. The US and other crude producers will take more oil market ...

   www.aol.com/us-other-crude-producers-more...

   The organization, led by Saudi Arabia, has voluntarily reduced oil output since mid-2023 in a bid to boost prices. Despite their efforts, Brent crude, the international benchmark, is down over 12% ...