What is CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) (CL1!)?
CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) is a futures contract traded on NYMEX and quoted in USD. As a continuous front-month series, it rolls the current expiring contract forward, giving traders a seamless price history for light sweet crude oil—one of the world's most actively traded energy benchmarks. Futures like this let participants hedge or speculate on the future price of oil with leverage. On TradeSearcher, this market is backed by deep history: our backtest coverage spans more than 2,700 backtests drawing on price data dating back to 1972, offering a long-term foundation for evaluating strategies across decades of market conditions.