Intercontinental Exchange Announces Third Quarter Launch of Futures Contract Based on Permian WTI Crude Oil Deliverable in Houston
(WorldNews Netherlands)

INVESTORS INTERCONTINENTAL EXCHANGE ANNOUNCES THIRD QUARTER LAUNCH OF FUTURES CONTRACT BASED ON PERMIAN WTI CRUDE OIL DELIVERABLE IN HOUSTON Released : 17 July 2018 ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch a physically delivered Permian West Texas Intermediate (WTI) crude oil futures contract, deliverable in Houston, Texas. The Houston delivery point has become the pricing center for U.S. crude oil production and exports, and the new flat price futures contract is designed to serve hedging and trading opportunities in...