CME Announces Plans to Offer 24/7 WTI Oil and Gold Contracts
Original Report
The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday.
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Pirro's losses in Fed investigation should stay on the books, judge rules
In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro's request to vacate his earlier orders.
Stock futures tick higher as Wall Street gears up for SpaceX’s historic IPO: Live updates
Elon Musk's rocket maker is set to debut on the Nasdaq on Friday in what will be the largest IPO in history.
I’m 55 and earn $100,000. Should I take a $2,900 monthly pension — or $2,200 with 3% annual hikes?
“I plan to continue working until age 60.”
I’m 60, retired with $3 million. My fiancée, 55, only has $1 million and plans to keep working. Are we compatible?
“Although she is quite frugal, she has not been particularly diligent with investing.”