ICE Brent Crude Futures Singapore Marker - Singapore Brent MM

These represent the weighted average of all trades for the front three months of ICE Brent Crude futures as traded on the ICE electronic platform, providing an indicative price at the close of the Asian trading day. EFP, EFS and settlement trades are not included in these weighted averages.

The ICE 1 minute Singapore marker, which is the weighted average for trades between 08:29:00 and 08:29:59* during GMT and 09:29:00 and 09:29:59 during BST (Singapore time is 16:29:00 and 16:29:59 or GMT +8 hours). Please note with effect from May 22 2009, ICE has enabled this marker to be tradable. In the event of a published change to the timings of the Platts Market on Close assessment window in Singapore, ICE will issue a circular with respect to altered timings for the Singapore minute markers. For details of the Platts holiday calendar, please click here.

ICE has introduced a premium and discount facility to all published markers (with the exception of the ICE Middle East Sour Crude marker). In the case of Brent a premium and discount of up to 5 ticks either side of the published marker price will be permitted and in the case of Gasoil, a premium or discount of up to 2 ticks either side of the published marker price will be permitted.

ICE Brent Crude Futures 12:30 Marker

These represent the weighted average of all trades for the front three ICE Brent Crude futures months, as traded on the ICE electronic platform, providing an indicative price for an early pricing window of the European trading day to reflect a modification in the timings for the Platts European Market on Close physical window. EFP, EFS and settlement trades are not included in these weighted averages.

The ICE 1 minute 12:30 marker, which is the weighted average for trades between 12:29:00 and 12:29:59*. Please note that this marker is non-tradable.

The 12:30 marker is only published on days where Platts have indicated the European oil assessments and pricing window will be basis 12:30 pm London time.

ICE Brent Crude Futures Afternoon Markers - 16:30 Brent MM

These prices represent the weighted average of all trades for the front three months of ICE Brent Crude futures as traded on the ICE electronic platform, providing an indicative price at the nominal close of the London day and the settlement time of the 21 day BFOE Platts window. EFP, EFS and settlement trades are not included in these weighted averages.

From October 2005 (following changes to the timing of the Platts Market on Close assessment window):

The ICE 1 minute London Afternoon marker, which is the weighted average for trades between 16:29:00 and 16:29:59*. Please note that this marker is tradable. In the event of a published change to the timings of the Platts Market on Close assessment window in London, ICE will issue a circular with respect to altered timings for the Brent Afternoon minute markers. For details of the Platts holiday calendar, please click here.

ICE Brent Crude Futures Expiry Markers - 10:30 Brent MM, 12:30 Brent MM, 14:30 Brent MM

These represent the weighted average of all trades at specific sampling times, as traded on the ICE electronic platform, for the second month ICE Brent Crude Futures contract on the expiry day of the front month ICE Brent Crude Futures contract. Block, EFP, EFS and settlement trades are not included in these weighted averages. Please note that these markers are tradable.

The ICE 1 minute 10:30 marker, which is the weighted average for trades executed in the second month between 10:29:00 and 10:29:59*.
The ICE 1 minute 12:30 marker, which is the weighted average for trades executed in the second month between 12:29:00 and 12:29:59*.
The ICE 1 minute 14:30 marker, which is the weighted average for trades executed in the second month between 14:29:00 and 14:29:59*.

ICE has introduced a premium and discount facility to all published markers. In the case of Brent a premium and discount of up to 5 ticks either side of the published marker price will be permitted.

*Unless otherwise stated all times shown are local London time

Please note, all ICE 5 minute markers and the 1 minute markers for Brent at 09:00 London time and 17:30 London time have been withdrawn effective February 12, 2008 following industry feedback and consultation as outlined in circular 08/009 dated January 25, 2008.