ICIS has a long history of reporting and analysing the global crude oil markets, and our market valuations occupy a central place within some of the industry’s key benchmarks.
ICIS has been a trusted independent source of intelligence on the world’s energy markets for over three decades. Today, our oil market experts are based around the globe and our data is used to calculate settlement for one of the world’s most liquid commodity futures markets in the world, the ICE Brent Index™. Since 2015, the benchmark administrator, ICE Futures Europe, has relied primarily on ICIS for the data used in its settlement price.
Government agencies around the world also use ICIS crude oil data to give an independent view of the markets, and robust and expert pricing information.