Near-month contract for energy futures

Near-month contract for energy futures
  The near-month contract, a term used in energy futures and options trading and other transactions, is the active contract with the shortest time to maturity. It is the contract that will expire first (often, but not always, within the next month). The near month is also called the prompt month, the front month, the lead month, and the first nearby.
  U.S. Dept. of Energy, Energy Information Administration's Energy Glossary

Energy terms . 2014.

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