OPIS RIN, LCFS and Additional NGL Spot Indexes Listed on ICE
New products join long list of OPIS-referenced pricing on Intercontinental Exchange
GAITHERSBURG, MD (April 13, 2018) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), announces the launch of its California Low Carbon Fuel Standard Credit, Gasoline – D6 RINs and two new financial NGL Futures contracts on the Intercontinental Exchange (ICE), beginning May 21, 2018.
ICE’s futures and options contracts allow for hedging clean fuel credits and NGL products; simplifying exposure to the LCFS, RINs and NGL markets; and providing ease of entry for market participants.
The new ICE futures and options contracts based on OPIS’s numbers are:
- California Low Carbon Fuel Standard Credit (OPIS) Future
- Option on California Low Carbon Fuel Standard Credit (OPIS) Future
- Propane (25MB), OPIS Mt. Belvieu TET, Future
- Ethane (25MB), OPIS Mt. Belvieu Non-TET, Future, and
- Gasoline Outright – D6 RINs (OPIS) Future
OPIS Propane and Ethane prices are published daily in the OPIS North America LPG Report, while OPIS LCFS and RINs products are published daily in the OPIS Ethanol & Biodiesel Information Service and OPIS Carbon Market Report.
For questions about the new index or to add the number to custom reports, please contact:
OPIS Customer Service
energycs@opisnet.com
1-888-301-2645
Robert Gough
VP of Content
rgough@opisnet.com
+1 301-284-2138
Jeff Barber
Executive Editor, Renewables
jbarber@opisnet.com
+1 301-284-1964
Diane Miller
Director, Global LPG & Feedstocks
dmiller@opisnet.com
+1 732-730-2530
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About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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About OPIS (www.opisnet.com)
Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) provides accurate pricing, real-time news and expert analysis across the global fuel supply chain, including the Spot, Wholesale Rack and Retail markets. OPIS enables customers to buy and sell petroleum products with confidence via easy access to transparent data, expert-level customer support, educational events and energy data solutions like Axxis Software and OPIS PointLogic.