Contract Specifications: Each oil futures contract specifies the quantity of oil (usually measured in barrels) and the month in which the oil will be delivered to the buyer (e.g., January ...

ULSD contracts are on track for a second day of declines, with the April contract off by 1.06cts to $2.1516/gal and the May contract down by 1.05cts to $2.1239/gal.