Roll Dates are projected and subject to change without notice. Roll Dates are the expected dates on which the composition of the Benchmark Futures Contract is changed or ''rolled'' by selling the near-month contract and buying replacement benchmark contracts.
The three futures contracts (“WTI Crude Oil Futures Contracts”) that are held are traded on the New York Mercantile Exchange (“NYMEX”) and are specifically: (1) the nearest to spot June or December Oil Futures Contract, weighted 35%; (2) the June or December Oil Futures Contract following the aforementioned (1), weighted 30%; and (3) the next December Oil Futures Contract that immediately follows the aforementioned (2), weighted 35%.
Roll Start Date |
Roll End Date |
Old Contract |
Replacement Contract |
| October 22, 2013 | October 22, 2013 | December 2013 | December 2015 |
| April 17, 2014 | April 22, 2014 | ||
| October 16, 2014 | October 21, 2014 | ||
| April 16, 2015 | April 21, 2015 | ||
| October 15, 2015 | October 20, 2015 |
