77.87
6.935
5.05
Jet CIF NWE Crack
The price difference between European Jet fuel and Brent crude oil. It is an important tool for airlines, refiners, and traders to manage the refining margin for Jet fuel production in the European market.
Contract Details
Contract for Difference
Spread Bet
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | Jet CIF NWE Crk(100bbl-$/bbl) |
| MT5 Trader Code | Jet_NWE_Crk |
| Contract Classification | Commodity Differential CFD |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Product Group | Distillates |
| Tenor Period | Consecutive individual whole calendar months, e.g. August 26 (Aug 26) |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | bbl |
| Price Digits | 2 |
| Currency | USD |
| Value of Tick | 1 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 30 September 2026 for Sep 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 23 September 2026 for Sep 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm (UK Time) |
| Quoting Hours | 8:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Arithmetic mean of Settlement Prices throughout expiry month |
A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.
Name & Trade Code
| Contract Name | Jet CIF NWE Crk($/0.01) |
| MT5 Trader Code | Jet_NWE_Crk.s |
| Contract Classification | Commodity Differential SB |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Tenor Period | Consecutive individual whole calendar months, e.g. August 26 (Aug 26) |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | |
| Price Digits | 2 |
| Currency | USD |
| Value of Tick | 1 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 30 September 2026 for Sep 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 23 September 2026 for Sep 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm (UK Time) |
| Quoting Hours | 8:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Arithmetic mean of Settlement Prices throughout expiry month |
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