CME Launches 24/7 WTI Crude Oil Futures on August 30, Gold Contracts on July 26

According to Bloomberg, CME Group announced on June 12 plans to introduce 24-hour WTI crude oil and gold futures contracts. The new crude oil contract will be one-tenth the size of existing micro WTI futures and is scheduled to launch on August 30, while a one-ounce gold contract with 24/7 trading will debut on July 26. Both products are cash-settled, pending regulatory approval, and will trade on the New York Mercantile Exchange (NYMEX) and COMEX, respectively.

The move reflects growing demand for round-the-clock commodity trading on platforms like Hyperliquid, with recent energy market volatility driving increased trading volume in oil-related products.