CME NYMEX: WCE Western Canadian Select (WCS) Crude Oil Futures prices chart




Western Canadian Select (WCS) Crude Oil Futures (CME NYMEX: WCE) Contract Specifications

Product Code: CME Globex: WCE, CME ClearPort: WCE, Clearing: WCE

Contract Unit: 1,000 barrels
Price Quotation: U.S. dollars and cents per barrel
Minimum Price Fluctuation: 0.01 per barrel = $10.00
Settlement Method: Deliverable

Listed Contracts: Monthly contracts listed for 24 consecutive months

Floating Price: This contract will be listed and traded as a differential until expiration at which time it will then settle as an outright price with the WTI calendar month average as the underlying value.

Termination of Trading: Trading terminates 1 Canadian business day prior to the Notice of Shipments (NOS) date on the Enbridge Pipeline. The NOS date occurs on or about the 20th calendar day of the month prior to the contract month. Enbridge publishes the official NOS dates.

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)