NYMEX原油期货合约(CL)

通过设施间传送交付至连接卖

方出油管或储油设备的指定油管或储油设备转让储油槽所有权，

而非实物交割；

若卖方所使用的设备允许该等转让，或通过管道内转移，若卖方同意该等 转让。

(C)

所有依此规定进行的交割都是最终结果，且不得上诉。

(D)

为某一个客户提供少于

5

份合约的卖方应通过

Equilon Pipeline Company

LLC

设施交割，除非买 方和卖方双方同意卖方无需满足这项要求。

A

交割日期应不早于交割月第一日并不迟于交割月最后一日进行。

B

卖方有责任确保其原油从交割月 的第一天开始，依照被普遍接受的油管安排

交割期间

惯例，可在克拉荷马州库欣

进行

交割，包括每一 批国外原油。

C

所有权转让

--

卖方应在收到付款时给予买方油管通行 证、数量证明及所有相

关文件。

等级和质

量规格

参照规范手册章节

200 (

仅英文

)

持仓限额

NYMEX

部位限制

(

仅英文

)

规则手册

章节

200 (

仅英文

)

交易规则

该等合约

< br>NYMEX

上市，受制于

NYMEX

规范和规则。

Light Sweet Crude Oil Futures

Light Sweet Crude Oil Futures

Product

Symbol

CL

Venue

CME Globex, CME ClearPort, Open Outcry (New York)

Hours

(All Times are

New York

Time/ET)

CME Globex

Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00

p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each

day beginning at 5:15 p.m. (4:15 p.m. CT)

CME

ClearPort

Sunday

–

Friday 6:00 p.m.

–

5:15 p.m. (5:00 p.m.

–

4:15 p.m.

Chicago Time/CT) with a 45-minute break each day beginning at

5:15 p.m. (4:15 p.m. CT)

Open Outcry

Monday

–

Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT)

Contract Unit

1,000 barrels

Price

Quotation

U.S. Dollars and Cents per barrel

Minimum

Fluctuation

$$0.01per barrel

Termination

of Trading

Trading in the current delivery month shall cease on the third business day prior

to the twenty-fifth calendar day of the month preceding the delivery month.

If the

twenty-fifth calendar day of the month is a non-business day, trading shall cease

on the third business day prior to the last business day preceding the twenty-fifth

calendar day.

In the event that the official Exchange holiday schedule changes

subsequent to the listing of a Crude Oil futures, the originally listed expiration date

shall remain in effect. In the event that the originally listed expiration day is

declared a holiday, expiration will move to the business day immediately prior.

Listed

Crude oil futures are listed nine years forward using the following listing schedule:

Light Sweet Crude Oil Futures

Contracts

consecutive months are listed for the current year and the next five years; in

addition, the June and December contract months are listed beyond the sixth

year.

Additional months will be added on an annual basis after the December

contract expires,

so that an additional June and December contract would be

added nine years forward

, and the consecutive months in the sixth calendar year

will be filled in.

Additionally, trading can be executed at an average differential to the previous

day's settlement prices for periods of two to 30 consecutive months in a single

transaction. These calendar strips are executed during open outcry trading hours.

Settlement

Type

Physical

Trading at

Settlement

(TAS)

Trading at settlement is available for spot (except on the last trading day), 2nd,

3rd and 7th months and subject to the existing TAS rules. Trading in all TAS

products will cease daily at 2:30 PM Eastern Time. The TAS products will trade

off of a

settlement in the underlying product on a 1 to 1 basis. A trade done at the Base

Price of 0 will correspond to a

the final settlement price of the day.

Trade at

TAM trading is analogous to our existing Trading at Settlement (TAS) trading

Marker (TAM)

wherein parties will be permitted to trade at a differential that represents a

not-yet-known price. TAM trading will use a marker price, whereas TAS trading

uses the Exchange-determined settlement price for the applicable contract

month. As with TAS trading, parties will be able to enter TAM orders at the TAM

price or at a differential between one and ten ticks higher or lower than the TAM

price. Trading at marker is available for spot month on the last trading day.

Light Sweet Crude Oil

(CL) spot, 2nd and 3rd months and nearby/second