Crude Oil (CL)

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Source: EIA, Crude Oil: Commercial (Excluding SPR), Gasoline: Total Motor Gasoline, Distillate: Distillate Fuel Oil

Source: EIA Weekly Petroleum Status Report

Source: Baker Hughes North American Rig Count

Source: Baker Hughes North American Rig Count

 

Data Range: (1997-Date)

Source: ABSR Research, LLC

Source: ABSR Research, LLC

Source: ABSR Research, LLC

 
20yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum145.65146.213.9956.76%40.05%
Top 1/4tile82.7583.540.0030.56%2.50%
Median57.2759.280.0027.05%0.77%
Bot 1/4tile35.0733.27-0.0123.69%-1.84%
Minimum12.2912.68-8.4912.86%-12.29%
10yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum113.93114.503.9956.76%15.75%
Top 1/4tile93.4593.760.0031.49%2.88%
Median73.6675.880.0027.12%1.28%
Bot 1/4tile51.9754.320.0022.30%0.16%
Minimum29.3332.49-2.3012.86%-6.93%
5yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum106.91103.293.9936.21%15.75%
Top 1/4tile66.2765.770.0231.18%3.31%
Median52.7654.520.0027.07%1.49%
Bot 1/4tile46.6048.83-0.0322.48%-1.03%
Minimum29.3332.49-2.3012.86%-6.93%
Source: ABSR Research, LLC

Source: ABSR Research, LLC

Source: ABSR Research, LLC

Source: ABSR Research, LLC

 
Crude Oil Specifications:
CommodityCrude Oil
ExchangeCME Group (NYMEX)
Base SymbolCL
CME Globex SymbolCL
Contract Unit1,000 barrels
QuotationUS Dollars & Cents per barrel
Minimum Tick$0.01 per barrel
Listed ContractsAll Months
Settlement TypeDeliverable
Last Trading DayThird business day prior to the 25th day of preceeding contract month.
Trading Hours:
GlobexSun-Fri: 5pm-4pm CT
ClearPortSun-Fri: 5pm-4pm CT
Rule BookLink
Source: CME Group

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