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Friday, June 12, 2026

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.

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