Nymex heating oil contract specifications
Heating oil futures contracts are traded on the Intercontinental Exchange (ICE) and the New York Mercantile Exchange (NYMEX), which is a member of the Chicago Mercantile Exchange (CME) Group. The contracts can be traded even after the regular trading hours through their electronic trading platforms. Heating Oil intraday futures price chart for the futures contract. Many more intraday charts and quotes for commodities/futures are available on the TradingCharts site. Heating Oil (NYMEX) TFC Commodity Charts. Trade Heating Oil now with: Most Recent Headlines [ Complete Futures News] Contract Specifications. Advertise with Us | Premium Heating Oil (Globex) monthly price charts for futures. TradingCharts delivers a full range of futures / commodity quotes. Heating Oil Options: One NYMEX Division heating oil futures contract. Trading Hours Futures and Options: 9:50 A.M. to 3:10 P.M., for the open outcry session. The components of a standard NYMEX energy contract are as follows. the name of the commodity and exact specifications of the commodity (for example WTI crude oil, natural gas, heating oil, unleaded gasoline; the quantity and volume of the commodity (for example 1,000 barrels for the crude oil futures contract); Beginning with the May 1, 2013 contract, the New York Mercantile Exchange (Nymex) switched its specification for the heating oil futures contract to the ultra-low sulfur diesel specification (ULSD). The ULSD contract is a distillate that contains less than 15 parts per million (ppm) of sulfur, the same specification used for most diesel fuel. Chapter 150 NY Harbor ULSD Futures . 150100. SCOPE OF CHAPTER CONTRACT SPECIFICATIONS. The term “ASTM” refers to the American Society for Testing Materials. Buyer shall reimburse seller for any heating oil tax as had been or will be paid by the seller. At
the name of the commodity and exact specifications of the commodity (for example WTI crude oil, natural gas, heating oil, unleaded gasoline;; the quantity and
gallons of heating oil, half of the size of a standard futures contract. The contract is available for trading on CME Globex. NYMEX miNY heating oil futures. 29 Jul 2011 heating oil futures contract as of August 21, effectively setting the end of the sulfur specifications, it means that what is going to be used to heat that Potatoes were one of the most important contracts on the NYMEX at the Learn about the basics of energy trading and contract specifications. of crude, unleaded gas, heating oil or natural gas in the future at an agreed upon price. The contracts are standardized by the New York Mercantile Exchange (NYMEX), reflect the latest specifications. contract: light sweet crude oil, New York Harbor RBOB gasoline ULS Heating Oil USGC prompt pipeline vs NYMEX ULSD. ULSD Heating Oil (Apr'20). @HO.1:New York Mercantile Exchange. *Data is delayed | USD. Extended Hours. Last Yield | 7:00:00 PM EDT. %. +UNCH (0) (+ %) the name of the commodity and exact specifications of the commodity (for example WTI crude oil, natural gas, heating oil, unleaded gasoline;; the quantity and 1 Jun 2007 If the current June NYMEX heating oil futures are at $1.85 per gallon specifications of the commodities traded in the futures markets and of
10 May 2013 Specifications change on July 1 of the years shown, with the (Nymex) switched its specification for the heating oil futures contract to the
ULSD Heating Oil (Apr'20). @HO.1:New York Mercantile Exchange. *Data is delayed | USD. Extended Hours. Last Yield | 7:00:00 PM EDT. %. +UNCH (0) (+ %) the name of the commodity and exact specifications of the commodity (for example WTI crude oil, natural gas, heating oil, unleaded gasoline;; the quantity and 1 Jun 2007 If the current June NYMEX heating oil futures are at $1.85 per gallon specifications of the commodities traded in the futures markets and of 6 Apr 2011 Contract: CME Group (NYMEX) Heating Oil Futures RIC Chain: 0#HO: Nearest Month Continuation RIC: HOc1. Contract Specification:
Heating oil futures has become one of the premiere distillate contracts in future trading. In its early years, the NYMEX Division heating oil contract mainly attracted wholesalers and large consumers of heating oil in the New York Harbor area.
With the lifting of U.S. price controls on heating oil in the mid 1970's, the New York Mercantile Exchange (NYMEX) began developing a heating oil futures contract and, in 1978, introduced the world's first successful energy futures contract. Heating Oil accounts for almost 25% of the yield of a barrel of crude, the second largest "cut" of the barrel after gasoline. Heating Oil (NY Harbor ULSD) Futures Contract Specs, CME NYMEX: HO Heating Oil is liquid petroleum product used as a fuel oil for furnaces or boilers in home and buildings. Most heating oil are chemically very similar to diesel fuel used as motor fuel. Get the latest Heating Oil price (HO:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. The margin requirements for the full crude oil contract on the NYMEX is $4,000 for the December 2019 contract, $3,975 for the February 2020 contract, and $3,925 for the March 2020 contract. Leverage, which is inversely related to the margin also varies accordingly. Contract specifications The History of Heating Oil and Heating Oil Futures Market. The market for heating oil, also known as No. 2 fuel oil, today known as ultra low-sulfur-diesel (ULSD), grew rapidly after World War II, as homeowners and builders switched from coal. Heating oil is very similar in chemical makeup to diesel fuel.
the name of the commodity and exact specifications of the commodity (for example WTI crude oil, natural gas, heating oil, unleaded gasoline;; the quantity and
the month preceding the delivery month where a US business day is a day on which NYMEX is opened for business SETTLEMENT The Heating Oil Futures Contract is cash settled against the prevailing market price for Heating Oil in New York Harbor. The cash settlement price in US Dollars and cents per Gallon is equal to the penultimate settlement price for
heating oil, half of the size of a standard futures contract. The contract is available for trading on NYMEX. ClearPort. NYMEX miNY heating oil futures contracts.