We’re excited to share that ICE have added to the range of tradable General Index contracts listed on the exchange this time for US crude oil markets.
The 8 new contracts, which launch on 19 May 2025, bring more choice for trading in major US spot physical crude markets. They also include unique assessments such as WTI Midland quality grade at Corpus Christi.
The differentials contracts being launched cover a range of different crude grades from light (WTL) to heavy (Canadian Sour, HLS) and sweet (HLS) to sour (Mars, Canadian Sour):
- Midland WTI vs HOU Trade Month (GX) Future
- Houston Canadian Sour vs HOU CMA (GX) Future
- SGC vs HOU Trade Month (GX) Future
- Midland del Corpus Christi vs HOU Trade Month (GX) Future
- Midland WTL vs HOU Trade Month (GX) Future
- Mars vs HOU Trade Month (GX) Future
- Cushing Canadian Sour vs HOU CMA (GX) Future
- WTI ex-Basin vs HOU Trade Month (GX) Future
These new contracts will help a wide range of market participants, particularly refiners and exporters, to better hedge their supply.
“The fundamentals of US crude trading have shifted dramatically and need a new ecosystem of risk management tools. We’re delighted to be working with ICE on the this launch of eight key differentials linked to the thriving ICE HOU contracts.”
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Anthony Macaluso, Managing Director, Americas, General Index
To enable traders and analysts to take a look at our prices, we’re providing 1 month of free access to our data using GX Go. If you’d like to find out more, sign up for a free trial and our team will be in touch to support you.
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