Asset Classes

Energy

In 2000, ICE began by establishing a globally relevant market for energy. Energy powers economies and the price of energy commodities are some of the most watched economic indicators. Our suite of over 1000 energy futures and options contracts has created a network of commodity market participants that rely on our markets daily.

Today, over half of the world's oil futures are traded on our markets. The overall Brent complex acts as a reference price for approximately two thirds of the world’s oil and the ICE Brent futures contract serves as the world’s benchmark for light, sweet crude. ICE’s natural gas and power markets meet the hedging needs of North American and European energy market participants and are offered alongside our crude and refined oil, coal, natural gas liquids and other emerging energy markets.


Crude Oil and Refined

Crude oil is one of the world's most widely-used and actively traded commodities worldwide. A key geo-political benchmark, the price of oil is among the most quoted statistics in business headlines today. ICE offers not only the most liquid crude and refined oil futures markets, but also the most globally relevant price markers for these vital markets. That's why traders, risk managers and especially hedgers such as oil producers and refiners, around the world rely on the ICE Brent, ICE WTI, ICE ASCI and ICE Gasoil.

Featured Crude and Refined Oil Products

Brent Crude Futures Brent 1st Line Future
Dated Brent Future Dubai 1st Line Future
LS Gasoil Futures WTI Crude Futures
Fuel Oil 180 CST Singapore Future Fuel Oil 3.5% FOB Rotterdam Barges Future
Heating Oil 1st Line FutureNYH(RBOB) Gasoline Futures


Natural Gas

As one of the cleanest, safest and most abundant energy supplies available, natural gas is a primary component of the world’s energy supply, and recent advancements in drilling technologies ensures it will remain an integral part of meeting future energy needs. In North America, ICE provides deep liquidity and trading across multiple natural gas hubs, including the benchmark Henry Hub futures contract.

In Europe, through our investment in the UK and Dutch markets, ICE has become the recognized and most liquid on-exchange marketplace for trading and hedging natural gas through its physically delivered UK Natural Balancing Point (NBP) and Dutch Title Transfer Facility (TTF) futures contracts.

Featured Natural Gas Products

AB NIT Basis Future Henry LD1 Fixed Price Future
Henry Swing Future Option on Henry Penultimate Fixed Price Future
UK Natural Gas Futures UK Natural Gas Daily Future
TTF Gas Futures NCG Gas Futures


Natural Gas Liquids

Natural gas, the source of natural gas liquids (NGLs), is a natural mixture of gaseous hydrocarbons found in the ground or obtained from specially driven wells. The composition of natural gas varies in different parts of the world. NGLs, which include ethane, propane, butanes, and natural gasoline, are used as feedstocks and as fuel for refineries and petrochemical plants.

Featured Natural Gas Liquids Products

Ethane, OPIS Mt. Belvieu Non-TET, Fixed Price Future Natural Gasoline, OPIS Mt. Belvieu Non-TET, Fixed Price Future
Normal Butane, OPIS Mt. Belvieu Non-TET, Fixed Price Future Propane, Argus CIF ARA Average Price Option
Propane, Argus CIF ARA, Fixed Price Future Propane, Argus Saudi CP, Fixed Price Future
Propane, OPIS Mt. Belvieu TET, Fixed Price Future


Electricity

More electric power is traded on ICE than any other electronic marketplace in the world and ICE Futures U.S. provides hundreds of U.S. electric power futures contracts. ICE Futures Europe offers UK Base and Peak Electricity futures contracts, physically delivered contracts which bring all the benefits of exchange transparency and clearing, while ICE Endex offers continental European power contracts. The combination of ICE's electricity and natural gas futures markets on one platform provides an important advantage in speed and price dissemination for customers.

Featured electricity Products

Dutch Power Baseload Futures UK Base Electricity Future Gregorian
PJM Western Hub Real-Time Peak Fixed Price Future PJM Western Hub Real-Time Peak Calendar Year One-Time Fixed Price Future
PJM Western Hub Real-Time Peak Daily Look Back Fixed Price Future PJM Western Hub Real-Time Off-Peak Calendar Year One Time Fixed Price Future
ERCOT North 345KV Real-Time Peak Daily Fixed Price Future MISO Indiana Hub Real-Time Peak Fixed Price Future


Coal

Coal is a fundamental part of the energy complex and it is a vital fuel for the power generation industry. Over recent years, the advent of clean coal technology has transformed coal into an alternative to other fossil fuel sources. Today, coal remains a viable and low-cost fuel for new generation capacity.

Featured Coal Products

gC Newcastle Coal Futures Richards Bay Coal Futures
Rotterdam Coal Futures Rotterdam Coal Cal 1x Options
CFR South China Coal Futures CSX Coal Futures


Freight

Wet freight is one of the large commodity markets closely linked to the crude and refined oil markets and operates both East and West of the Suez canal. Freight has become a relatively active derivatives market in its own right and trading takes place in World scale points or USD per Metric Tonne across a number of point to point routes. Price volatility in the global energy markets has seen an increase in participation by traders, commercial entities and banks in the wet freight derivatives market which provides opportunities for clients to hedge cargo movements.

ICE also provides access to the dry freight derivatives market which helps participants hedge price risk for the cost of moving goods such as coal, iron ore and steel across the world. Trading for dry freight derivatives takes place in USD per day on a time charter basis.

Featured Freight Products

TC2 FFA-Northwest Europe to USAC (Baltic) Future TC5 FFA - Arabian Gulf to Japan (Platts) Balmo Future
TC14 FFA-USGC to Continent (Baltic) Future TD3 FFA-Arabian Gulf to Japan (Baltic) Future
TD20 West Africa to UK Continent (Baltic) Future

View All ICE Energy Products