CME Group (NASDAQ: CME) announced it will introduce 24/7 trading for new crude oil and gold contracts, pending regulatory approval, according to a company statement.

The derivatives marketplace will launch a 10-barrel WTI crude oil contract on August 30, which represents one-tenth the size of its existing Micro WTI futures. The company will begin round-the-clock trading for its 1-ounce gold futures on July 26.

"Traders are increasingly looking to diversify their portfolios across commodity markets in the face of geopolitical uncertainty," said Derek Sammann, CME Group Senior Managing Director and Global Head of Commodities Markets. "Our new WTI and Gold futures provide regulated products that are right-sized and available 24/7, ensuring traders can manage exposure whenever news breaks."

CME Group reported that WTI crude oil options reached a record average daily volume of 320,000 contracts in the first quarter of 2026. Micro WTI crude oil futures averaged 272,000 contracts daily in May, representing a 317% increase compared to May 2025.

The company's gold operations processed $100 billion in notional value daily during 2025. Its 1-ounce gold futures contract, launched in January 2025, averaged 90,000 contracts daily in 2026.

Both new contracts will be cash-settled. The 10-barrel WTI contract will be listed on NYMEX, while the 1-ounce gold contract operates under COMEX rules.