MiNY Light Sweet Crude Oil futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).
The following is a table with MiNY Light Sweet Crude Oil futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One MiNY Light Sweet Crude Oil futures contract on the New York Mercantile Exchange is 500 barrels.
$0.025 (2.5¢) per barrel ($12.50 per contract).
Trading terminates at the close of business on the fourth business day prior to the 25th calendar day of the month preceding the contract month. If the 25th calendar day of the month is a non-business day, trading shall cease on the fourth business day prior to the business day preceding the 25th calendar day.
Specific domestic crudes with 0.42% sulfur by weight or less, not less than 37° API gravity nor more than 42° API gravity. The following domestic crude streams are deliverable: West Texas Intermediate, Low Sweet Mix, New Mexican Sweet, North Texas Sweet, Oklahoma Sweet, South Texas Sweet. Specific foreign crudes of not less than 34° API nor more than 42° API. The following foreign streams are deliverable: U.K. Brent, for which the seller shall receive a 30 cent per barrel discount below the final settlement price; Norwegian Oseberg Blend is delivered at a 55¢–per–barrel discount; Nigerian Bonny Light, Qua Iboe, and Colombian Cusiana are delivered at 15¢ premiums.