ICE Brent Crude is one of the world’s most important and most traded crude oil contracts with more than two decades of consistent volume growth.
Sitting between the Americas and Asia, the Brent crude complex is a seaborne oil grade which means it’s perfectly located across the global trade routes. This is why global commercial market participants continue to increase their exposure to Brent and its related oil contracts.
With as much as two thirds of the world’s traded oil priced relative to the Brent complex, it is an important price marker and the global benchmark for oil and oil products.
ICE Brent Crude Futures Volume & Open Interest