The ICE Permian WTI crude futures contract (ICE: HOU) has been restructured and renamed the ICE Midland WTI American Gulf Coast (AGC) crude futures contract.
Watch our webinar to learn how the restructured contract offers the market a strong alternative for pricing and managing U.S. crude price risk.
Read the three part series to deep dive into the role of the Brent and West Texas Intermediate (WTI) crude oil benchmarks, their mutual relationship, and their interaction with the global oil market.
As record amounts of U.S. crude are moved to the coast for export, oil markets have seen trading activity shift to liquid hubs on the U.S. Gulf Coast. We designed a complete offering to bring a light sweet crude to the global market.