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CFTC Considers Blocking CME’s 24/7 Oil Contract Bid

CFTC Considers Blocking CME’s 24/7 Oil Contract Bid
Bloomberg Markets Friday 12 June 2026, 22:51 UTC By Nicola M White, Mia Gindis 1 min read
Key Points

CFTC Considers Blocking CME’s 24/7 Oil Contract Bid The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator. CME Group Inc. announced on Thursday that it would debut 24-hour, seven-days-a-week trading in some crude and gold futures contracts. The news caught the US derivatives regulator by surprise, a senior agency official said, who asked not...

CFTC Considers Blocking CME’s 24/7 Oil Contract Bid The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator. CME Group Inc. announced on Thursday that it would debut 24-hour, seven-days-a-week trading in some crude and gold futures contracts. The news caught the US derivatives regulator by surprise, a senior agency official said, who asked not to be identified discussing confidential deliberations. [Image text:] TRADE @BID TRADE BUY LMT BLOCK FIN OPEN BUYMKT S1 52 53 A B C D H E F
CFTC (ORG) CME (ORG) 24/7 Oil Contract Bid (ORG) The US Commodity Futures Trading Commission (ORG) CME Group Inc.’s (ORG) CME Group Inc. (ORG) US (LOCATION)
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