Home CME to allow listing of negative oil options effective from April 22

CME to allow listing of negative oil options effective from April 22

Published date: 21 Apr. 2020 | 23:57

The latest news from the Chicago Mercantile Exchange (CME), on early Wednesday morning in Asia, suggests that the world’s leading exchange will soon roll out options for negative oil prices, starting from April 22.

Market implications

Following the news, WTI’s June contract extends the pullback moves from $7.64 towards $7.00.

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