We're proud to announce that from today, ICE has listed two new tradable General Index (GX) U.S. crude oil contracts on the exchange.
This is a landmark moment for GX. The addition of WTI Nederland and WTI St. James means we now have 10 listings for U.S. crude, with half of those listings covering critical pricing points for Midland-quality WTI. Coupled with our other listings covering crucially important Mars, Southern Green Canyon, WTL, and Canadian Sour at both Houston and Cushing, GX offers a complete and contiguous set of tools to hedge and speculate on the most important North American crude oil streams.
The contracts now live are:
- WTI Nederland vs HOU Trade Month (GX) Future
- WTI St. James vs HOU Trade Month (GX) Future
These listings add to a growing suite of GX-linked contracts on ICE. For producers, refiners, trading houses, and other market participants, these mean they can now manage risk and speculate across the U.S. Gulf Coast, the Permian, and Cushing with precision, without needing to piece together fragmented hedging strategies to get there.
Corey Stewart, Pricing Director – Americas, remarked, “Nederland and St. James are critical nodes in the U.S. crude market for the pricing of Midland-quality WTI, and having them listed alongside our other suite of prices means participants can now more completely hedge and speculate on the most important North American crude oil streams.”
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