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The following is a list of futures contracts on physically traded commodities. Agricultural ... Natural gas: NYMEX: 10,000 million BTU: NG Natural gas: ICE: 1,000 ...
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. [10]
For instance, natural gas futures in the United States usually have the Henry Hub as a delivery point, [2] and gold may have a delivery point of New York or London. Futures contracts that differ only in the delivery point will typically have slightly different prices, reflecting localized supply and demand and transportation costs. [citation ...
Stock market news today: US futures rise as Fed pivot fuels euphoria. ... futures traded at nearly $71 a barrel, while Brent crude futures rose toward $76 a barrel. Reports on initial jobless ...
In futures contracts the buyer and the seller stipulate product, grade, quantity and location and leaving price as the only variable. [32] Agricultural futures contracts are the oldest, in use in the United States for more than 170 years. [33] Modern futures agreements, began in Chicago in the 1840s, with the appearance of grain elevators. [34]
In recent days, a couple of LNG vessels that were either heading for Freeport (LNG Rosenrot) or had waited outside the plant (Prism Brilliance) have moved onto other ports. Federal pipeline safety ...
Power, Natural Gas, Emissions, Coal ICE: European Climate Exchange: ECX London, United Kingdom Emissions founded in 2005, acquired by ICE in 2010 and merged into ICE Futures Europe: London Commodity Exchange: LCE London, United Kingdom Agricultural: Merged into LIFFE in 1996 Energy Exchange Austria: EXAA Vienna, Austria Energy, Emissions
The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m 3 of gas) at Henry Hub in Louisiana over a given delivery month consisting of a varying number of days. As a coarse approximation, 1000 cu ft of natural gas ≈ 1 million Btu ≈ 1 GJ.