Heating Oil market
The heating oil market is traded at the New York Mercantile Exchange. Regular session trading hours are from 9:05 AM Central Time to 1:30 PM Central Time. Additional trading takes place in an afternoon "ACCESS" session and in a nightime trading session. The market is traded in 42,000 gallon contracts, with a minimum price fluctuation of 0.01 cents per gallon indicating a change in value of $4.20 per contract. This market is particularly sensitive to outbreaks of cold weather in major cities on the eastern United States in the winter time.
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