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Javier Blas: CME to launch 24/7 trading for smaller crude oil contract

Javier Blas: CME to launch 24/7 trading for smaller crude oil contract
CME adds 24-7 trading for WTI mini

Javier Blas, energy and commodities columnist, journalist, author at Bloomberg, reports that CME has announced plans to begin 24/7 trading for a new smaller-sized crude oil contract.

The new West Texas Intermediate (WTI) contract will represent 10 barrels, compared to the existing standard contract size of 1,000 barrels.

Blas has recently reported that China's oil imports in May fell to about 6.6 million barrels per day, down 38% from the 2025 average, according to official figures. He also noted that Russia exported the most crude since its 2022 invasion of Ukraine after a series of refinery strikes, shifting supply patterns on global markets. The new CME crude contract comes as the market adjusts to these recent changes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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