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Gold forwards (gold forward contracts) work essentially like futures – the main difference is that they are not traded in organized markets. It means that forwards  

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Heavy crude oil (or extra heavy crude oil) is highly-viscous oil that cannot easily flow to production wells under normal reservoir conditions.. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil.Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Physical properties that differ between heavy Crude Oil (part 1) - Klasifikasi Crude Oil 21.40 fromesa No comments Crude oil atau dalam Bahasa Indonesia disebut minyak mentah atau minyak bumi merupakan cairan kental, berwarna coklat gelap, atau kehijauan yang mudah terbakar, yang berada di lapisan atas dari beberapa area di kerak bumi ( wikipedia ). Heavy crude can’t be produced, transported, and refined by conventional methods because it has high concentrations of sulfur and several metals, particularly nickel and vanadium. Heavy crude has density approaching, or even exceeding, that of water. Heavy crude oil is also known as “tar sands” because of its high bitumen content.

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Here is some info about market gamma for those curious. Stock market futures hit “limit down” levels of 5% lower, a move made by the CME futures exchange  That is, when you are long an option (long gamma) you want the market to move. If the stock trades up 1 full point to $77.29 then the $76.50 call option Delta