Energy Futures Market Halted, Unhalted, Daily Limits Doubled

Tyler Durden's picture

Update 2: NYMEX GASOLINE, HEATING OIL LIMITS NOW 50 CENTS, CRUDE $20. Basically the CME just doubled daily limits. Of course, the CME is happy to double the drops... but never the surges.

Update: CME RESUMES TRADING ON NYMEX CRUDE, PRODUCTS FUTURES

Uh, what?

  • CME HALTS TRADING ON GAS, CRUDE OIL, HEATING OIL FUTURES
  • CME TRADING HALT IN ENERGY FUTURES WILL LAST 5 MINUTES

So now crashes cause the entire market to be halted? Swell