ICE Announces Update on Murban Crude Oil Futures Ahead of Launch on March 29, 2021
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced an update on Murban Crude Oil Futures ahead of their launch on March 29, 2021, subject to regulatory approval.
- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced an update on Murban Crude Oil Futures ahead of their launch on March 29, 2021, subject to regulatory approval.
- As previously announced , the first Murban futures contract month at launch will be the June contract, which expires at the end of April for physical delivery in June.
- By 2030, ADNOC expects Murban crude to contribute almost 50% of ADNOCs 5 million barrels of oil per day production capacity target.
- Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.