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
Maximum145.65146.213.9956.76%40.05%
Top 1/4tile82.7583.540.0030.56%2.53%
Median58.4659.930.0027.10%0.78%
Bot 1/4tile37.1237.58-0.0123.69%-1.82%
Minimum17.8718.27-8.4912.86%-12.29%
10yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum113.93114.503.9956.76%15.75%
Top 1/4tile93.4593.760.0030.89%2.70%
Median73.6675.880.0027.12%1.21%
Bot 1/4tile52.7554.32-0.0122.30%0.02%
Minimum29.3332.49-2.3012.86%-6.93%
5yrsSpot PriceWgt Fut PriceBasisVolatility (ANN)Forward Curve
Maximum106.83103.293.9936.21%15.75%
Top 1/4tile63.1062.460.0231.18%3.31%
Median52.7554.320.0027.68%1.57%
Bot 1/4tile46.6048.83-0.0423.76%-0.24%
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