Cme Heating Oil Swap

Further information on each exchange s rules and product listings can be found by clicking on the links to cme cbot nymex and comex.

Cme heating oil swap. Swaps are available on nearly all types of fuel including bunker fuel diesel fuel gasoil gasoline heating oil jet fuel fuel oil etc. Gasoline singapore mogas 92 unleaded platts future. The company is comprised of four designated contract markets dcms. Swaps received their name as the buyers and sellers of swaps are swapping cash flows with one another floating for fixed and vice versa.

Chicago june 5 2009 prnewswire firstcall via comtex news network cme group the world s largest and most diverse derivatives exchange today announced the launch of six financially settled petroleum swap futures contracts available through cme clearport r a set of flexible clearing services open to over the counter otc market participants to substantially mitigate counterparty risk. The price puts very low sulphur marine fuel at a premium of about 206 a tonne to december 2019 swaps for 380 centistoke high sulphur fuel oil with 3 5 percent sulphur content based on its price. Cme group s new york harbor ultra low sulfur diesel ulsd contract hit the big 4 0 on november 14 2018. Crude oil and refined products.

Ice gasoil oi cme nyh heating oil oi cme nyh rbob gasoline oi. A key cog in energy markets turns 40. Cme group is the world s leading and most diverse derivatives marketplace. The company is comprised of four designated contract markets dcms.

As this example indicates oil and gas producers can mitigate their exposure to volatile crude oil prices by hedging with swaps. Chicago march 12 2009 prnewswire firstcall via comtex news network cme group the world s largest and most diverse derivatives exchange today announced 14 new petroleum swap futures contracts scheduled to begin trading on march 22 for trade date march 23. Fuel oil 180 cst singapore future. Crude oil and refined products.

12 trading and clearing jet related instruments. Fuel oil 3 5 fob rotterdam barges future. Substantial margin offset between jet swaps ice brent gasoil low sulphur gasoil and wti plus related markets. Crude oil and refined products.

Fuel oil 380 cst singapore future. If the price of crude oil during the respective month averages less than the price at which the producer hedged with the swap the gain on the swap offsets the decrease in revenue. Further information on each exchange s rules and product listings can be found by clicking on the links to cme cbot nymex and comex.