Small crude oil refers to a contract in the oil futures market, usually referred to as "small crude oil" for short. The trading variety of small crude oil is new NYMEX light and low sulfur crude oil, which is a kind of high-quality light crude oil, mainly produced in Texas, USA. New york light sweet crude oil is considered as one of the important targets in the global oil market because of its high quality.

The main exchange for small crude oil trading is the New York Mercantile Exchange, which is one of the largest energy futures trading markets in the world. The futures contract for trading small crude oil on NYMEX is based on 65,438+0,000 barrels of crude oil per lot, and the value of each price is $65,438+00. Small crude oil contracts are traded from Monday to Friday, and the daily trading time is from 9: 00 am to 2: 30 am the next day (Beijing time). Investors can trade through some professional trading platforms in the futures industry.

Small crude oil is one of the most attractive trading varieties in the futures market in recent years, which has attracted the attention of many investors because of its large price fluctuation, high risk and rich profit. However, it should be noted that the futures market itself has great risks and volatility, and investors need to do sufficient market research and risk assessment before investing in small crude oil. Moreover, investors need to pay attention to the dynamic update of market information, adjust trading strategies in time and control risks.