Nymex To Change Minimum Price Fluctuation For Some NYMEX ClearPort<SUP>sm</SUP> Contracts

The New York Mercantile Exchange, Inc., announced that it will change the minimum price fluctuation to $0.01 per metric ton from $0.25 per metric ton for 13 European crude oil swap futures contracts listed on NYMEX ClearPort^sm effective on January 17, 2005 (for trade date January 18).

The change applies to the following calendar swap futures contracts: European naphtha; European jet kerosene NWE (Northwest Europe); European jet kerosene Rotterdam; European gasoil 0.2 Rotterdam; European gasoil 0.2 NWE (Northwest Europe); European gasoil 0.2 MED (Mediterranean); European ULSD diesel Rotterdam; European ULSD diesel NWE (Northwest Europe); European 1% fuel oil NWE (Northwest Europe); European 1% fuel oil Rotterdam; European 3.5% fuel oil Rotterdam; European 3.5% fuel oil MED (Mediterranean); and European Singapore fuel oil 180cst.