![](/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fdocuments-and-files%2Fcommodities%2Fcrude-oil%2Fhero-banner-image-desktop-oil-rig-001.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3Db1577a79b72446d6a1a52e9309625011%26hash%3DDAC88899A0E6C5DF01AE0AE805A443F4&w=3840&q=75)
![](/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fdocuments-and-files%2Fcommodities%2Fcrude-oil%2Fhero-banner-image-mobile-oil-rig-001.jpg%3Fh%3D620%26iar%3D0%26w%3D390%26rev%3D71643334ec894080ad9d3382e066a505%26hash%3D2B8B5884EE26ACFBD6252D283175F28C&w=828&q=75)
Nymex roll
Overview
What is the Nymex roll?
The Nymex roll is a commonly-used calculation to determine the physical price of crude at Cushing using a futures contract price. For example, for crude delivered to Cushing in February, the closest futures prices still trading are for March and April – the Nymex roll calculates the February value.
What does Nymex mean?
Nymex stands for the New York Mercantile Exchange and is a commodity futures exchanged owned and operated by the Chicago Mercantile Exchange (CME).
How is the NYMEX roll calculated?
This video explains the Nymex roll, a calculation that determines the physical price of crude at Cushing using a futures contract price.
![](https://play.vidyard.com/6A6BckxaYyhtovfLsDmZpS.jpg)
Explore our crude oil products
![Contact us](/_next/image?url=%2F-%2Fmedia%2Fproject%2Fargusmedia%2Fmainsite%2Fenglish%2Fimages%2Fpeople%2Fcontact-us-forms%2Fcontact-us-form-people-01.jpg%3Fh%3D530%26iar%3D0%26w%3D1600%26rev%3D11241929fdc14a179ef99c404758bfb1%26hash%3D322CC5B9101492D34760BBF80DED1D95&w=3840&q=75)