International Petroleum Exchange

(redirected from ipé)
Also found in: Medical, Encyclopedia.

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.