1,000 barrels of oil are generally included in a futurescontract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...
The NYMEX October ULSD contract was trading close to its highest levels in about a week, up roughly 4cts to $2.1365/gal. The November ULSD contract was about 3.75cts higher at $2.1482/gal, tightening ...
It offers tier-based commission fees for futures. If you have less than 1,000 contracts, you’ll pay $0.85 per contract. Traders with more than 20,000 contracts will pay $0.25 per contract.