Gulf Coast Sour Crude Oil

Mars-type crude oil of the Louisiana offshore. Gulf Coast Sour Crude Oil futures are traded at the NYMEX under ticker symbol MB. Contract size is 1,000 barrels with a contract price quoted in US Dollars and Cents per barrel. Delivery dates take place every month of the year. Settlement of contract consists of physical delivery at the LOOP Facility in Clovelly, LA. Alternate delivery of Basrah Light and Russian Urals will be permitted at fixed differentials.

See also:

• CME Group – Sour Crude Oil Products in the U.S. Gulf Coast
• CME Group – Gulf Coast Sour Crude Oil Futures