International Petroleum Exchange
(redirected from International Petroleum Exchange of London, Ltd)International Petroleum Exchange (IPE)
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.