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ICE/NGX 1A index

Effective May 1st, 2023, One Exchange Corp. began contributing its Canadian crude oil prompt-month trade data to ICE/NGX for inclusion in the ICE/NGX 1A group of Canadian crude indices and weighted average prices (WAP’s). This development represents an important milestone for One Exchange as our data will be consolidated with CalRock trade data, resulting in the creation of a comprehensive Canadian crude oil benchmark. The consolidated ICE/NGX 1A benchmark will help ensure that Canadian physical crude volumes can be accurately hedged through the use of the related ICE futures contracts.

ICE/NGX 1A Index Methodology

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