Crude Oil (CL)

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
Maximum145.65146.213.99201.53%40.05%
Top 1/4tile82.7583.540.0030.84%2.53%
Median58.9460.070.0027.19%0.80%
Bot 1/4tile41.5643.93-0.0123.69%-1.53%
Minimum17.8718.82-8.4912.86%-12.29%
10yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum113.93114.503.99201.53%15.75%
Top 1/4tile93.4593.760.0030.08%2.31%
Median69.1667.670.0027.11%1.00%
Bot 1/4tile52.4753.59-0.0122.30%-0.38%
Minimum29.3332.49-2.3012.86%-6.93%
5yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum74.2673.803.99201.53%15.75%
Top 1/4tile59.2059.640.0233.16%3.18%
Median52.9853.94-0.0129.11%1.39%
Bot 1/4tile47.1148.83-0.0626.49%-0.43%
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