Connect to

global oil markets

Built for the commercial trader. Traded by a global market. As global oil markets become more interconnected, risk management is crucial. Rising U.S. shale exports, growing Asian demand, and geopolitical challenges mean commercial participants demand precise, reliable tools to hedge and manage their risk.

Brent crude is the cornerstone of our complex, which includes benchmarks Gasoil, WTI and (Platts) Dubai. Our broad Asian offering sets the standard for Asia-bound Mideast crude, while ICE Murban Futures will bring transparent pricing to a fuel that helps meet regional demand.

These benchmarks are the foundation for over 600 related oil products including locational and refined spreads across 47 geographic markets. This means participants can access the products they need at the exact point of consumption or production.


Our crude complex centers on Brent, WTI, (Platts) Dubai and Murban, along with the most liquid market of related derivatives.

  • Brent anchors price discovery with ~80% of global crude priced off the benchmark
  • Designed for export, ICE Permian WTI offers easy access to a global market, while WTI Cushing is the U.S. benchmark
  • ICE (Platts) Dubai is the Asian benchmark for Middle East crudes exported across the Asia-Pacific
  • Sourced from Abu Dhabi and producing approximately 1.7M barrels per day, Murban crude is recognized for its reliable supply and high quality

Gasoil forms the basis for our global refined complex as the most liquid distillate benchmark.

  • Global distillate pricing centers on Gasoil, connecting markets from Singapore to New York
  • Gasoil connects global middle distillates with crack spreads on jet, diesel and heating oil
  • Our regional benchmarks span Naphtha to Fuel Oil

Global benchmarks

Price benchmarks do the "heavy lifting" for oil price discovery, enabling other grades to be traded in reference to the most liquid flat price instruments. This helps provide security and liquidity to the whole market.

Pricing two-thirds of the world's crude oil, its broad accessibility and ability to continuously evolve has led Brent to become the global oil benchmark.

The ICE West Texas Intermediate (WTI) Light Sweet Crude Oil futures contract offers the opportunity to trade one of the world's most liquid crudes in an electronic marketplace.

ICE’s Permian WTI offering brings a light sweet U.S. crude to the global market, with delivery, storage and dock capacity in Houston enabling efficient transportation to domestic and foreign buyers.

(Platts) Dubai futures provide critical price discovery and risk management for the Middle Eastern and Asian crude markets.

The light sweet Middle Eastern crude has its first futures contract, bringing transparent pricing to serve a global market.