CME Unveils 17 Oil Futures Contracts

CME Group has launched 17 new crude oil, fuel oil and gasoil futures contracts.

CME Group has launched 17 new crude oil, fuel oil and gasoil futures contracts. The new contracts, which were listed for trading effective Feb. 28, 2011, will be traded on the NYMEX floor and will be available for clearing services through CMEClearPort. The contracts are in addition to CME’s flagship NYMEX crude oil, fuel oil and gasoil benchmark product offering. The 17 futures contracts include Singapore Gasoil 10 ppm (Platts) Swap Futures, Singapore Gasoil 0.05% Sulfur (Platts) Swap Futures and Singapore Gasoil 10 ppm vs. 0.5% Sulfur Spread (Platts) Swap Futures.

Click here for the release from CME Group.