[CME Shelves Plan to Launch 24/7 Crude Oil Futures Contract Due to Industry Concerns] According to Deep Tide TechFlow on October 3, Bloomberg reported that the Chicago Mercantile Exchange Group (CME Group Inc.) has decided to shelve its plan to launch a 24/7 crude oil futures contract after facing opposition from the industry. Market participants are concerned that insufficient liquidity over the weekend could distort WTI crude oil pricing, and continuous trading would increase pressure on weekend staffing, commercial hedging, and margin calls during non-business hours. CEO Terry Duffy stated in a statement on Friday that after extensive communication with industry participants, it was determined that key stakeholders had concerns. They believe that introducing 24/7 energy trading without further due diligence could lead to unforeseen consequences and potentially bring additional risks to the market.