Crude Oil futures and options
Gain direct exposure to global crude oil markets.
Get information on exchange rules, delivery procedures and clearing services. View NYMEX Rulebook.
More expirations to hedge event-based oil risk
Monday, Wednesday and Friday WTI Crude Oil Weekly options exercise into the active futures contract, offer more granular strike prices in quarter increments and automatically exercise with no contrary instructions.
Get information on exchange rules, delivery procedures and clearing services. View NYMEX Rulebook.
Micro-sized contracts, more opportunities
Trade smaller-sized contracts to manage crude oil price exposure with greater precision. At 1/10 the size of benchmark WTI Crude Oil contracts, Micro WTI Crude Oil futures and options offer the same robust trading transparency and price discovery with smaller margin requirements.
Get information on exchange rules, delivery procedures and clearing services. View NYMEX Rulebook.
Platforms
CME Direct
CME Direct is the leading trading platform for Energy options volume. Explore the robust features that empower traders to optimize their strategies efficiently.
Trade the global benchmark for crude oil
WTI Light Sweet Crude Oil is the world’s most liquid oil contract and represents the world’s largest supply of crude oil.
Why trade Crude Oil Products?
Global and local benchmark exposure
Hedge against price fluctuations in specific locations and qualities with a comprehensive suite of global crude oil contracts and U.S. grades products.
Hedge the spread between U.S. and Brent-related oil markets
Access unrivaled liquidity in key crude oil markers.
Around-the-clock access
React to market shifts in Crude Oil prices nearly 24 hours a day, six days a week.
Tools for your trading strategy
Build and refine your trading strategies with free pricing and analytics tools for CME Group Crude Oil products.
Crude Oil insights
Get our experts’ perspectives on current trends.
Freight Forward Agreements (FFAs) on NYMEX are fundamental to every global trading activity in crude oil, refined products, natural gas liquids as well as liquid natural gas.
Master the Crude Oil market
Take self-guided courses on Crude Oil products
If you’re new to futures, the courses below can help you quickly understand the Crude Oil market and start trading.
Contact an Energy expert
Connect with a member of our expert Energy team to get more information about our products, find a broker or to contact a market maker.