Market Brief Profiles: Energy Futures Contract Specification



Brent (Brent Crude Oil, ICE EUROPE: B)
Sweet light crude oil Extracted from the North Sea and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes (also known as the BFOE Quotation).

WTI Crude Oil Price (CME NYMEX, Symbol: CL) - West Texas Intermediate
Also known as "Texas light sweet". International important oil markets: WTI Crude, Brent crude, Dubai Crude, Oman Crude, Urals crude, Venezuela crude. Contract Unit : 1,000 barrels, Settlement Method : Deliverable, Minimum Price Fluctuation : $0.01 per Barrel, Crude Oil Futures Contract Specs Page


Natural Gas (CME NYMEX, NG)
Contract Unit: 10,000 million British thermal units (mmBtu). Price Quotation : U.S. dollars and cents per mmBtu. Minimum Price Fluctuation : 0.001 per MMBtu. Product Code : CME Globex: NG Settlement Method : Deliverable Grade And Quality : Natural Gas meeting the specifications set forth in the FERC-approved tariff of Sabine Pipe Line Company as then in effect at the time of delivery shall be deliverable in satisfaction of futures contract delivery obligations. Henry Hub Natural Gas Futures Contract Specs