What is the ICE Brent crude futures contract?

The ICE Brent Crude futures contract is a physically deliverable contract with an option to cash settle against the ICE Brent Index price, which is calculated the day after the last trading day of the futures contract.

What is the difference between Brent & WTI crude oil?

Composition: Brent crude oil is a blend of oil from multiple fields, making it a mixture of various qualities. WTI is a lighter and sweeter crude oil with a lower sulfur content, making it easier to refine. 3.

Why should you invest in Brent crude oil?

As a waterborne crude - with access to global shipping, ports, and storage capacity - it is easily transported around the world. This gives Brent an advantage over landlocked crudes and provides a clear valuation opportunity for commercial and financial traders. The Brent complex has been evolving for decades.

Will ICE Brent be reflected in dated Brent price assessments?

It will be reflected in Dated Brent and the “cash” (i.e., physical forward) Brent price assessments. The ICE Brent crude future is based on a basket of North Sea crudes and has evolved to incorporate new grades, ensuring its ongoing utility to oil markets.