International Petroleum Exchange


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International Petroleum Exchange (IPE)

Energy futures and options exchange based in London.

International Petroleum Exchange

Futures and options exchange for energy commodities. Based in London and founded in 1980, the exchange deals with contracts on electricity, oil, natural gas, coal, and carbon emissions allowances. Notably, Brent Crude futures, one of the world's leading oil price indicators, trades on the IPE.
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One established exchange, the International Petroleum Exchange (IPE) in London, has been playing an educational role with Opec members, and believes there is a place for hedging programmes in their financial planning.
GREEN activists yesterday clashed with oil traders - on the first day of the enactment of the Kyoto Protocol - by storming the International Petroleum Exchange in London.
From April 1, 2000, Saudi Aramco will base the pricing of its European crude oil sales on a trade-weighted average of Brent futures prices on London's International Petroleum Exchange (IPE), and will thus drop the peg to Dated Brent.
Crude futures also surged on the International Petroleum Exchange in London, with North Sea Brent oil for June delivery registering an all-time high of $71.
The company's regulated futures and options business, formerly known as the International Petroleum Exchange (IPE), will operate under the name ICE Futures.
October Brent crude futures on London's International Petroleum Exchange fell $1.
London's International Petroleum Exchange (IPE), by contrast, is moving towards all-electronic dealing.
Brent crude - found in the North Sea and traded on the International Petroleum Exchange in London - also rose above last week's record to stand at $46.
Meanwhile, Brent crude -- oil found in the North Sea and traded on the International Petroleum Exchange in London -- rose to $46.
NYMEX and London's International Petroleum Exchange (IPE), the world's biggest energy futures markets, are negotiating a merger which would lead to the first global oil exchange in the world as from early 1999.
liffe, Frankfurt Stock Exchange (Xetra), IntercontinentalExchange(R), International Petroleum Exchange and Montreal Exchange.
On the International Petroleum Exchange in London, the benchmark North Sea Brent crude for May delivery also registered a record intraday high of $57.

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