September 24, 2018 BY Valentina Kirilova

CME Group to launch physical WTI Houston crude oil futures contract

Suppliers, refiners and end users of U.S. crude oil will have a new way to price and hedge WTI light sweet crude oil in Houston beginning in Q4 2018. Derivatives marketplace CME Group will offer a new WTI Houston Crude Oil futures contract with three physical delivery locations on the Enterprise Houston system, pending regulatory…

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