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About Commodity Insights
14 May 2015 | 09:42 UTC — New York
Effective May 14, 2015, Platts will no longer publish ICE Brent NX settlement prices because ICE has delisted the contract.
ICE Brent NX prices are published on Platts Global Alert Page 704, in the Oilgram Price Report and in the Crude Oil Marketwire.
The prices are also published in Platts Market Data under the following codes: ICBN001, ICBN002, ICBN003, ICBN004, ICBN005 and ICBN006.
ICE published a notification May 13 announcing it will delist the contract.
"There is no Open Interest in any of the ICE Brent NX contracts and they will be removed from trading, effective immediately," ICE said.
ICE decided not to wait for the remaining Brent NX contracts to expire.
Rather, following market feedback, "the Exchange will now cease to admit to trading all remaining ICE Brent NX contracts ... instead of allowing them to run until March 2016."
Please send any comments or questions to oilgroup@platts.com and pricegroup@platts.com.