CME NYMEX: D1N Singapore Mogas 92 Unleaded (Platts) Brent Crack Spread Futures prices chart

Singapore Mogas 92 Unleaded (Platts) Brent Crack Spread Futures (NYMEX: D1N) Contract Specifications

Product Code: CME Globex: D1N, CME ClearPort: 1NB, Clearing: 1NB

Contract Unit: 1,000 barrels
Price Quotation: U.S. dollars and cents per barrel
Minimum Price Fluctuation: 0.001 per barrel = $1.00
Settlement Method: Financially Settled

Listed Contracts: Monthly contracts listed for the current year and the next calendar year. List monthly contracts for a new calendar year following the termination of trading the December contract of the current year.

Floating Price:
(1) The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from Platts Oilgram Price Report for Singapore Mogas 92 Unleaded Gasoline minus the ICE Brent Crude Oil Futures first nearby contract settlement price for each business day during the contract month (using Non-common pricing), except as set forth in Section (B) below.
(2) (B) The settlement price of the first nearby contract month for will be used except on the last day of trading for the expiring Brent Crude Oil Futures contract when the settlement price of the second nearby Brent contract will be used.

Termination of Trading: Trading terminates on the last Singapore business day of the contract month.

Trading Hours:
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)