Gulf Coast ULSD (Platts) Futures (May 2024)Gulf Coast ULSD (Platts) Futures (May 2024)Gulf Coast ULSD (Platts) Futures (May 2024)

Gulf Coast ULSD (Platts) Futures (May 2024)

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Contract highlights

Volume
Open interest
157.00
Contract size
42000
Month
May 2024
Settlement day
Jun 04, 2024
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions

The nearest expiration date for Gulf Coast ULSD (Platts) Futures (May 2024) is Jun 4, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gulf Coast ULSD (Platts) Futures (May 2024) before Jun 4, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gulf Coast ULSD (Platts) Futures (May 2024) this number is 157.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gulf Coast ULSD (Platts) Futures (May 2024) shows that traders are closing their positions, which means a weakening trend.