In this trading simulation, you can purchase or sell futures contracts on crude oil [CL-1F]."1'ou can also trade physical crude [spot crude]. The futures contract is a commitment to take or make delivery at the end of the 1-month trading period. At the end of the month, the contract will settle and if you are long [short]. you will need to take [make] delivery of crude. Each contract represents 103i] barrels of crude oil