- New 10-Barrel WTI Crude Oil contract allows for more precise hedging and expanded market access
- 24/7 gold will provide always-on access for continuous price discovery
CME Group, the world’s leading derivatives marketplace, announced that it will offer 24/7 trading for new, smaller-sized crude oil and gold contracts, pending regulatory review.
The new oil contract will be 1/10th the size of CME Group’s existing Micro WTI futures and will launch on August 30. 24/7 trading for the company’s existing 1-Ounce Gold futures will begin on July 26.
“Traders are increasingly looking to diversify their portfolios across commodity markets in the face of geopolitical uncertainty,” said Derek Sammann, CME Group Senior Managing Director and Global Head of Commodities Markets. “Our new WTI and Gold futures provide regulated products that are right-sized and available 24/7, ensuring traders can manage exposure whenever news breaks.”
WTI is the global benchmark for price discovery and risk management for crude oil. In the first quarter of 2026, WTI Crude Oil options reached a record ADV of 320,000 contracts. In addition, Micro WTI Crude Oil futures ADV reached 272,000 contracts in May, which was a 317% increase compared to May 2025.
CME Group offers the world’s leading benchmark futures contract for gold, with $100 billion notional traded each day in 2025. CME Group’s new, cash settled 1-Ounce Gold futures contract launched in January 2025, with 90,000 contracts ADV traded in 2026.
Source: CME
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