Brent Crude Futures

Brent Crude Futures

A futures contract on crude oil drilled in the North Sea. Prices for Brent crude futures are used as benchmarks for future oil prices in Africa, Europe and the Middle East. As such, Brent crude futures are important indicators of oil and other energy markets.
References in periodicals archive ?
regulated futures subsidiary, ICE Futures, posted record daily volume in its benchmark ICE Brent Crude futures contract on Thursday, March 29.
Brent crude futures, May delivery, touched a high of USD 93.
Summary: LONDON - Brent crude futures could hit $200 a barrel if unrest spreads into Saudi Arabia, Societe Generale said on Monday.
ICE gas oil futures' crack to Brent crude futures, fell to as low as $7.
Reports about possible drastic cuts in the US spending and weak economic data from the Euro-zone shrouded in mystery the outlook of global economy and pushed down the prices of Brent crude futures.
In afternoon trading, Brent crude futures for April delivery were up 71Ao to $115.
At November 30, 2005, total open interest in ICE Futures contracts stood at 664,815 contracts, with open interest in Brent Crude futures contracts at 396,554.
Last week Brent crude futures rallied to 2-1/2-year peak over $118 on disrupted supply from Libya, but fell back as a boost in Saudi Arabian output was expected to fill in for the loss of Libyan oil.
The US Crude futures ended the last week 2 percent up for the eight week running while Brent Crude futures closed above USD 116 pb yesterday - a four-month record high, according to the report.
But after shooting up to close to $120 a barrel in intraday trade on Thursday, Brent crude futures ended the day at less than $112, showing just how fraught investors nerves are.
10 /PRNewswire-FirstCall/ -- IntercontinentalExchange , a leading operator of global exchanges and over-the-counter (OTC) markets, announced that its ICE Futures Europe(TM) subsidiary yesterday set a new exchange-wide daily volume record and for the first time surpassed the 400,000 mark in ICE Brent Crude futures contract daily volume.