monthly contracts leading into the spring were split, withMarch settling at $2.835/MMBtu after losing 1.20 cents and Apriladding 1.80 cents to $2.695/MMBtu.The NYMEX settlement price is considered preliminary andsubject to change until a final settlement price is posted at 7 pm EST(2400 GMT)...
As explained above, there can be a slight difference between the price set by the prompt Nymex settlement price at 1:30pm central time (top red bubble) compared with the price resulting from adding the average of the full day’s “roll” trades (bottom red bubble) to the CMA Nymex. ...
After the last day of regular trading, final settlement of the crude oil futures contract is based on cash settlement against the cumulative monthly average of the index over the course of the contract month. The calculation of the final crude oil futures settlement price is completed on the fi...
Although it took a backseat to broader concerns over speculative players and commodity index trading, the monthly gas market gained attention as participants at the Commodity Futures Trading Commission's first Energy Markets Advisory Committee forum Tuesday floated the idea of a longer settlement window...