NYMEX trading in Crude oil

dan_s · Post by **dan_s** » Mon Jun 19, 2017 5:20 pm

Go here and watch the video: http://www.cmegroup.com/trading/energy/ ... crude.html

Today was the last day of trading for the July WTI contract. The August contract is now the front month.

What happens on the last day of trading is often an indication of where oil prices are heading. The guy in the video does a good job of explaining how it works.