What is the ticker symbol for crude oil and gasoline futures?

Question

I punched in CL1 for Bloomberg and CBOE but nothing. Where can you get this info?

Thank You

Answer 1

Hi George,

Crude oil is not traded directly on the stock market, so you'll need to get a quote from the New York Mercantile Exchange, for example. Here's a site where you can find that: http://quotes.ino.com:801/exchanges/?r=NYMEX_CL

However, there is also an ETF on the stock market called USO that is supposed to track crude oil prices. You can get a quote here:
http://www.howthemarketworks.com/trading/stock-quotes.php?sym=USO

Hope that helps!

Answer 2

Crude and gasoline trade on the NYMEX (New York Mercantile Exchange), the ticker symbols are CL and QL respectively. But you need more than just that, you also need the contract month code and year. The month codes are:

Jan. - F Feb. - G Mar. - H Apr. - J
May - K Jun. - M Jul. - N Aug. - Q
Sep. - U Oct. - V Nov. - X Dec. - Z

Then you need the year. So, if you were looking up the quote for the January 2007 Crude oil Contract, the ticker symbol would be CLF7. If you wanted the cash market quote, you'd substitute Y0 in place of the month and year codes, so Crude Cash market quote would be CLY0.

Hope this helps.

Answer 3

Crude and gasoline are traded on futures market, but you'll find different prices because different futures contracts expire at different dates. The lead contract, or most closely expiring contract is the one that is most commonly quoted. A good free site for seeing prices is barchart.com. Click 'energies' in the left margin.

There is also a chart for the lead contract of crude on stockcharts.com. Use $wtic as your symbol with stands for 'West Texas Light Sweet Crude' which is what trades in NY. Brent Crude trades in London. Often their prices are different because they refine differently.

Answer 4

I own USO, which is an ETF that tracks the price of West Texas crude oil. You might also take a look at DBC, which tracks a basket of commidities, including oil, nat gas, gold and silver.

Here is a portfolio from http://www.top10traders.com that includes USO:

http://www.top10traders.com/ViewPortfolio.aspx?userID=8

The tracking symbol for oil is ^XOI
For nat gas it is ^XNG

Hope this helps.

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