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Latest Brent Crude Stories

2010-01-14 14:00:00

HOUSTON, Jan. 14 /PRNewswire/ -- Purvin & Gertz, an independent energy industry consultancy, released a study today, The Role of WTI as a Crude Oil Benchmark, analyzing the dominance of the light, sweet crude oil futures contract (WTI), and its role as an international benchmark. The company, which has headquarters in Houston, and has an international network of offices in the United States, Canada, South America, Europe, the Middle East, Russia and Asia, detailed the evolution of...

2010-01-13 08:30:00

LONDON, Jan. 13 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced new open interest records for ICE Futures Europe. The ICE Brent Crude futures contract established a new open interest record of 817,977 contracts on January 12, settling above 800,000 contracts for the first time. The exchange also established open interest records in the ICE Rotterdam...

2009-12-10 08:38:00

ATLANTA, Dec. 10 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that ICE Futures Europe set an exchange-wide daily volume record of 1,249,239 contracts on December 9. The new record was established on the exchange's first ever million-plus volume day and surpassed by 27% the previous daily record of 982,151 contracts, which was set on June 6, 2008....

2009-08-26 15:12:00

NEW YORK and LONDON, Aug. 26 /PRNewswire/ -- GAIN Capital, a global provider of online trading services, today announced that its FOREX.com UK division has added Brent crude oil to its award-winning FOREXTrader platform, enabling clients to trade oil alongside global currencies and spot metals. "Economic fundamentals have become a significant driver of oil prices. This factor and the inverse relationship between oil and the U.S. dollar means trading oil is a fairly natural extension and...

2009-07-23 16:44:02

U.S. crude oil gushed above $67 Thursday, closing at a three-week high, and gasoline surged on a U.S. home-sales report and mostly upbeat company earnings. Light, sweet crude for September delivery settled up $1.76, or 2.7 percent, at $67.16 a barrel on the New York Mercantile Exchange. Futures touched $67.49, the highest since July 2. They earlier fell as low as $64.40 a barrel. Prices are up 51 percent this year. Brent crude on the ICE futures exchange closed up $2.04, or 3 percent, at...

2009-07-23 16:44:02

U.S. crude oil gushed above $67 Thursday, closing at a three-week high, and gasoline surged on a U.S. home-sales report and mostly upbeat company earnings. Light, sweet crude for September delivery settled up $1.76, or 2.7 percent, at $67.16 a barrel on the New York Mercantile Exchange. Futures touched $67.49, the highest since July 2. They earlier fell as low as $64.40 a barrel. Prices are up 51 percent this year. Brent crude on the ICE futures exchange closed up $2.04, or 3 percent, at...

2009-07-22 15:55:41

U.S. crude oil ended lower Wednesday, ending a five-day winning streak, as data showed total U.S. petroleum inventories continued to rise amid weak demand. Light, sweet crude for September delivery -- the new front-month contract -- fell 21 cents, or 0.3 percent, to end at $65.40 a barrel on the New York Mercantile Exchange. It dropped as low as $63.76 earlier. Brent crude on the ICE futures exchange settled 34 cents, or 0.5 percent, higher at $67.21 a barrel. Total inventories of crude,...

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2009-07-20 16:50:00

Oil prices closed at a two-week high just under $64 a barrel in New York Monday, bolstered by global stock rallies and a falling U.S. dollar. Light, sweet crude for August delivery gained 42 cents, or 0.7 percent, to settle at $63.98 a barrel on the New York Mercantile Exchange, its highest settlement since July 6. Oil has gained 43 percent this year. The August contract expires Tuesday and more trading was in the September contract, which settled up 71 cents, or 1.1 percent, at $65.29 a...

2009-07-14 07:00:00

SINGAPORE, July 14 /PRNewswire/ -- Argus Media, the leading energy price reporting agency, will assess Australian North West Shelf (NWS) condensate as a differential to Atlantic basin marker North Sea Dated in response to the increasing use of North Sea Dated-linked prices in Asia-Pacific crude trade. More Asia-Pacific crudes are trading at prices linked to North Sea Dated, amid dissatisfaction with regional benchmarks. Australian NWS condensate is increasingly being sold at North Sea...

2009-05-12 20:00:00

**One Minute Tradable Brent and Gasoil Markers Available During the Asian Trading Day Beginning May 22** LONDON and SINGAPORE, May 12 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc.(R) (NYSE: ICE), a leading operator of regulated global futures exchanges and over-the-counter (OTC) markets, today announced the introduction of a one minute tradable marker facility for ICE Brent Crude futures and the ICE Gasoil futures contracts during the Asian trading day. The new markers, called the...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.