Combined open interest for front-month Dubai crude derivatives traded on the Intercontinent

al Exchange was up 8.16% month on month to 75.964 million barrels as of November 30, ICE 

data showed Thursday. 

Open interest for the Brent first-line versus Dubai first-line futures spread derivatives contract 

rose  13.99%  on the month to 21.582 million barrels as of November 30 for contracts due for 

settlement in December, ICE data showed. 

The  Brent  first-line versus Dubai first-line contract settles on the difference between the ICE 

Brent futures daily settlement price for Brent first-line futures and the Platts daily assessment 

price for first-line Dubai. 

Meanwhile, open interest for the front-month Dubai outright futures contract rose 5.81% on 

the month to 52.832 million barrels as of November 30. 

Front-month Dubai contracts in October reflect those for November settlement, while those 

traded in November reflect the ones for December settlement. 

Open  interest  for  Dated  Brent  versus Dubai first-line contract for October settlement rose 

13.14% month on month at 1.55 million barrels as of November 30. The contract had posted 

a month-on-month increase of 8.73% in October for November settlement. 

The Dated Brent versus Dubai first-line contract settles against the calendar-month average 

of Platts Dated Brent versus the calendar-month average of Platts Dubai assessments.