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NYMEX Receives Approval to Add Another Foreign Crude to Contract

Date 15/02/1999

The New York Mercantile Exchange has received approval from the Commodity Futures Trading Commission to add the Nigerian crude oil Qua Iboe to the foreign crudes that are permitted for delivery under the terms of its light, sweet crude oil futures contract. This change will take effect with the deliveries of the May 1999 crude oil futures contract.