Nymex To Increase Margins On Crude Oil, Heating Oil, Gasoline

The New York Mercantile Exchange will raise the margins on its crude oil, heating oil and unleaded gasoline futures contracts as of the close of business today.

Margins on each of the three contracts will be increased for clearing members to $3,000 from $2,500; for members, to $3,300 from $2,750; and, for customers, to $4,050 from $3,375.