Latest Price of petroleum Stories
NEW YORK, May 15, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a record in open interest for its NYMEX WTI-Brent Crude Oil Spread Option contract (BV) yesterday, May 14. Open interest in NYMEX BV reached 126,675 contracts, compared to 123,075 on May 13, 2013, the last record for this contract. "The price spread between NYMEX WTI and Brent has come in considerably over the last few months, moving from over...
Refiners will increase their facilities' capacity to handle more crude oil as output rises, but will have to contend with government regulations designed to increase the use of renewable and environmentally friendly fuels; these regulations will limit revenue growth in the years to come. For these reasons, industry research firm IBISWorld has updated a report on the Petroleum Refining industry in its growing industry report collection. Los Angeles, CA (PRWEB) May 11, 2013 The...
ATLANTA, May 2, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for April 2013. ICE's average daily volume (ADV) for futures and options was 3,843,846 contracts, an increase of 18% from the prior April. Total volume in April 2013 was 85 million contracts. April 2013 Review ICE launched 22 new energy, environmental, freight and ferrous metal contracts on April 29. ICE launched two...
NEW YORK, April 25, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of nine new futures contracts for Renewable Identification Numbers (RINs). These contracts will be listed with, and subject to, the rules and regulations of NYMEX. "With the recent increase in volatility in RINs prices, we've seen strong interest from our customers and other market participants for cost-effective ways to manage their risk in...
LONDON, April 12, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced the introduction of 35 new energy, environmental, freight and ferrous metal contracts on April 29, 2013. The new contracts, which will be cleared at ICE Clear Europe and are subject to completion of relevant regulatory processes, include global crude oil, gasoline, middle distillate, natural gas liquid, natural gas, power,...
LONDON, April 4, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, reported record daily volume in the ICE NYH RBOB Gasoline futures contract. ICE NYH RBOB Gasoline futures traded 41,175 on April 3, 2013. The previous daily record was 37,744 on March 11, 2013. ICE NYH RBOB Gasoline futures trade 22 hours a day, from 8 p.m. through 6 p.m. Eastern time the next day, and from 1 a.m. through 11 p.m. London time. The...
- Consistent increasing demand for LNG creates growth opportunities LONDON and HOUSTON, March 19, 2013 /PRNewswire/ -- A new report released today by Ernst & Young, looks at the evolving market dynamics for global LNG. The "Global LNG report - Will new demand and new supply mean new pricing" indicates the near-consensus view of strong LNG demand growth over the next 10-20 years, but with a growing role for more price-sensitive buyers who are likely to be less willing to pay...
ATLANTA, Feb. 8, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, reported record daily volume in the ICE NYH RBOB Gasoline futures contract. ICE NYH RBOB Gasoline futures traded 29,559 contracts on Feb. 7. The new record is more than 10,000 above the previous daily record of 18,832 contracts on June 26, 2012. Additionally, ICE Brent Crude futures and ICE WTI Crude options both set open interest records on Feb. 7...
ATLANTA, Feb. 4, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for January 2013. ICE's average daily volume (ADV) for futures and options was 3,478,414 contracts, a decrease of 15% from the prior January. Total contract volume in January 2013 was 73 million contracts. All prior period contract volumes have been adjusted to include the converted futures contracts, which previously...
COLORADO SPRINGS, Colo., Jan. 9, 2013 /PRNewswire/ -- PriceAdvantage, a division of Skyline Products, and Oil Price Information Service (OPIS) announced today that they have a powerful integration between PriceAdvantage and the OPIS Radius Report that allows petroleum operators to monitor real-time competitive pricing, analyze the effectiveness of their fuel pricing strategy with intelligent competitive data and visualize market trends to make course corrections to their fuel...
