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EnergyHONYMEX (CME Group)
Heating Oil
Category
Energy
Exchange
NYMEX (CME Group)
Contract Size
42,000 gallons (1,000 barrels) of heating oil / ULSD
Symbol
HO
About Heating Oil
NY Harbor ULSD (Ultra Low Sulfur Diesel) futures, historically known as heating oil (HO), track the benchmark for global distillate prices. These contracts are essential for airlines, shipping companies, and trucking firms hedging diesel costs, and for traders positioning around seasonal heating demand.
Heating Oil Price Chart
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Contract Specifications
- Contract Size
- 42,000 gallons (1,000 barrels) of heating oil / ULSD
- Tick Size / Value
- $0.0001/gallon = $4.20 per tick
- Exchange
- NYMEX (CME Group)
Trading Hours
Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Margin Notes
Exchange maintenance margin ~$6,000–$8,000.
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