Simple Qs: Oil
— Business POV (@BizPOV) October 25, 2023
Q: What is CL1?
CL1 means the nearest 1month away maturing contract
Q: Why does current CL1 expire in Dec23, not in November?
The settlement for Nov 2023 contract was on Oct 20.https://t.co/leTEgRRWfi pic.twitter.com/5XSzSyoaN0