ICE Brent gains more than $1/bbl ahead of contract expiry

13 September 2012 14:17  [Source: ICIS news]

LONDON (ICIS)--The front-month ICE Brent October contract gains more than $1.00/bbl on Thursday ahead of the contract expiry.

By 12:50 GMT, the October ICE Brent contract reached an intra-day high at $117.19/bbl, a gain of $1.23/bbl compared with Wednesday’s settlement. The contract then edged lower to trade around $117.10/bbl.

At the same time, the front-month October NYMEX WTI contract was trading around $97.55/bbl, having touched an intra-day high at $97.60/bbl, a gain of 59 cent/bbl compared with Wednesday’s close.


By: Kawai Wong
+44 20 8652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly