Nymex roll

Nymex roll

This video explains the Nymex roll, a calculation that determines the physical price of crude at Cushing using a futures contract price.

How is the NYMEX roll calculated?

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).


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