IPE Brent Index has for the first time exceeded a mark of 13500 items
Today, on June, 10th, IPE Brent Index on ICE Futures Europe has for the first time exceeded a mark of 13500 items. The parameter, reflecting the forward price spot of North Sea oil mix BFOE (Brent, Forties, Oseberg, Ekofisk) with a term of its delivery within 21 trading days, has grown on 246 items, or on 1,9 %, and has reached new record value - 13504 items.
For last six sessions at ICE Futures IPE Brent Index resulted in such values: on June, 10th - 13504; on June, 9th - 13258; on June, 6th - 12368; on June, 5th - 12297; on June, 4th - 12651; on June, 3rd - 12723.
Let’s remind that till today an absolute record for IPE Brent Index was fixed at the mark of 13273 items, registered on May, 23rd.
Value IPE Brent Index which has established next day after end of the contract period under the future nearest delivery month defines the price of final settlement under the agreed transactions. Thus one item of index corresponds to 0,01 doll./barr.
