ICE Futures Europe has said it will introduce two Argus Sour Crude Index (ASCI) crude oil contracts for the trading on December 7, pending regulatory approval.
The London-based exchange said it will list an ASCI and the ICE ASCI Differential Future, the differential between the ASCI and the West Texas Intermediate price. The exchange said both products will be cash-settled.
“We're pleased to add the ICE Argus Sour Crude...