Strong start for ICE sour crude contract

The new ICE Middle East Sour Crude futures contract at ICE Futures is off to a strong start. Launched on May 21, the contract reached trading volume of 3,868 lots on May 23, its third trading day, nearly double that of the first trading day, which saw volume of 2,013 contracts.

"We're very pleased to see such strong interest in the ICE Middle East Sour Crude contract across Asia, the Middle East, Europe and the United States, with more participants connecting and preparing to connect each da