Brent crude futures for November increased by 1.5%

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AK&M 10 September 2021 13:21

Brent crude oil futures for November on the Intercontinental Exchange (ICE) on September 10 at 12:07 MSK amounted to $72.52 per barrel (+$1.07; +1.5%).

Brent crude futures are traded on the Intercontinental Exchange (ICE), which was founded in 2000 to e-trade in energy markets and ensure greater price transparency.

A Brent crude oil futures contract is a delivery contract based on the delivery of an EFP (exchange of futures for a physical commodity) with an option to settle in cash. The minimum contract is accepted for 1000 barrels. The trade is conducted in US dollars in any volumes that are multiples of 1 thousand barrels. ICE Clear Europe acts as the central counterparty for transactions conducted on the London stock exchanges. This allows him to guarantee the financial performance of each contract, up to delivery, execution and / or settlement.