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HEATING OIL

Educational Resources For Trading Futures & Options

The following information provides basic contract specifications for crude oil futures contracts.  Please feel free to contact us via Phone, Live Chat, or Email for any further inquiries.

Educational Resources For Trading Futures & Options

Heating Oil accounts for ¼ of the yield of a barrel of crude, the second largest portion after gasoline.  There are two contract denominations for trade:

SYMBOL:

  • HO trades in units of 42,000 gallons (1,000 barrels)
    The minimum price fluctuation is $0.0001 (0.01¢) per gallon ($4.20 per contract).
  • QH (e-miNY)  trades in unites of 21,000 gallons (500 barrels)
    The minimum price fluctuation is $0.001 (0.1¢) per gallon ($21.00 per contract)

Maximum Daily Price Fluctuation is $0.25 per gallon.

Contract Expiration:  Request Free Demo to gain access to our web-based trading platform.  From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - To make sense of the information provided and learn how to trade futures please read through our futures education.
This information is from sources believed to be reliable, but Expo Futures will not be held responsible for either its accuracy or completeness. Please note that all times posted are in Pacific Standard Time and are subject to change.
For information on a particular contract not listed, please feel free to contact us.

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