ICE Offers Real-time Physical Crude Oil Pricing

Intercontinental Exchange, Inc. announced the launch of real-time physical crude pricing from Link Data Services (“Link Data”), in cooperation with Link Crude Resources (“Link”), one of the largest brokers of physical North American crude, bringing additional transparency to the North American crude market. ICE has launched live calculations of the volume weighted average price for 12 grades of oil traded in the Permian; Cushing, Oklahoma; Houston and Louisiana Gulf Coast, including WTI in Midland and Houston. Link real-time pricing is available via WebICE from October 24, 2022, and on ICE Connect soon after.