||1946 - 2014
Crude oil is the world's most actively traded commodity, and the NYMEX Division light, sweet crude oil futures contract is the world's most liquid forum for crude oil trading, as well as the world's largest-volume futures contract trading on a physical commodity. Because of its excellent liquidity and price transparency, the contract is used as a principal international pricing benchmark. The contract trades in units of 1,000 barrels, and the delivery point is Cushing, Oklahoma, which is also accessible to the international spot markets via pipelines. This page provides - Crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Crude oil - was last refreshed on Wednesday, October 1, 2014.