oil future


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  • noun

Synonyms for oil future

petroleum bought or sold at an agreed price for delivery at a specified future date

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References in periodicals archive ?
Summary: Christopher Fix, CEO of Dubai Mercantile Exchange (DME), talks about the strong performance of Oman Crude Oil Futures Contract and the $12- 18bn annual trade finance opportunity which has not been tapped by the regional banks, in an interview with Akshay Bhatnagar
In a statement issued after rumours spread about irregular trading on City and Asian markets, Robin Bieber, managing director of London-based PVM Oil Futures said it was investigating the unauthorised trades.
A NYMEX crude oil future is a contract for 1,000 barrels of domestic light, sweet crude oil.
The launch of the oil futures will greatly improve the risk management capability of small and medium-sized firms,' Gu said.
Malaysian palm oil futures closed between 15 and 28 ringgit per tone down.
The refiner will use DME Oman crude oil futures for risk management and physical procurement.
The exchange hosts the fast-growing DME Oman crude oil futures contract, which has the largest physical delivery of any energy contract globally.
NYMEX Brent crude oil futures contracts are listed by and subject to the rules of the New York Mercantile Exchange.
A Memorandum of Understanding (MoU) has been inked by the Shanghai International Energy Exchange Corporation (INE) and the Dubai Mercantile Exchange (DME) to toughen their cooperation in boosting the development of crude oil futures.
A daily Oman OSP settlement price is published by DME for the Oman Crude Oil Futures Contract at 16.
Benchmark oil futures ended higher this week as the violence in Egypt, strikes in Libya and the bombing of an oil pipeline raised fears of supply disruptions.
Crude oil futures rose in Monday's London and New York trading sessions.
Dubai: The Dubai Mercantile Exchange announced that it has set a record in open interest for its flagship Oman crude oil futures contract.
DME, the premier international energy futures and commodities exchange in the Middle East, has set a new record in open interest for its flagship Oman crude oil futures contract equivalent to over 23.
Crude oil futures ended at a seven-month low below the $90 per barrel level Wednesday in New York amid rekindled concern over Europe's debt crisis.