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CME Group, the world's leading derivatives marketplace, has announced it will offer 24/7 trading for new, smaller-sized crude oil and gold contracts, pending regulatory review.
The new oil contract will be one tenth the size of CME Group's existing Micro WTI futures and is set to launch on 30 August. 24/7 trading for the company's existing 1-Ounce Gold futures will begin on 26 July.
Derek Sammann, Senior Managing Director and Global Head of Commodities Markets, CME Group
Derek Sammann, Senior Managing Director and Global Head of Commodities Markets, CME Group said:
"Traders are increasingly looking to diversify their portfolios across commodity markets in the face of geopolitical uncertainty. Our new WTI and Gold futures provide regulated products that are right-sized and available 24/7, ensuring traders can manage exposure whenever news breaks."
WTI is the global benchmark for price discovery and risk management for crude oil. In the first quarter of 2026, WTI Crude Oil options reached a record average daily volume of 320,000 contracts. In addition, Micro WTI Crude Oil futures average daily volume reached 272,000 contracts in May, a 317% increase compared to May 2025.
CME Group offers the world's leading benchmark futures contract for gold, with $100 billion notional traded each day in 2025. CME Group's new, cash settled 1-Ounce Gold futures contract launched in January 2025, with 90,000 contracts average daily volume traded in 2026.
The 10-Barrel WTI contract will be cash-settled, and will be listed on and subject to the rules of NYMEX.
1-Ounce Gold is also cash-settled and is listed and subject to the rules of COMEX.
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