Email of the day - on oil prices
Comment of the Day

May 07 2019

Commentary by Eoin Treacy

Email of the day - on oil prices

“May I clarify something? The item denoted as Oil (1st West Texas) (CL1 COMB COMDTY) in the Chart Library - is this the Spot Price for WTI? Or is it the near-term futures price for WTI? Thanks in advance.“

Eoin Treacy's view

Thank you for this question which other’s may also be interested in. The CL1 ticker is for the 1st month continuation chart. Oil trades on one-month contracts so it rolls with the most active contract at the end of every month.

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