Tullett Prebon Information Launches Oil Data Service

Tullett Prebon Information said it launched its new Oil Data Service, a unique series of benchmark curves providing a comprehensive picture of OTC forward markets in crude, fuel oil and distillates, which come from the wholesale interdealer brokered financial markets.

The product, comprising over 1,500 records, aims to meet industry demand for greater pricing transparency in global oil markets, the company said. It provides customers with accurate end-of-day forward curves across major crude, fuel oil and distillate contracts. The data offers monthly and quarterly granularity up to 36 months forward based on observations from by Tullett Prebon’s global brokerage business.

Commenting in the product launch in today's release, Frank Desmond, managing director of Tullett Prebon Information said: “At a time when energy markets are demanding ever greater transparency and accuracy, we are confident our new Oil Data Service will meet the exacting requirements of customers seeking valuable independent oil pricing. “The launch is the latest in a series of products recently developed by Tullett Prebon Information as the business continues to expand its services to meet the growing demand for independent, high quality OTC data.”

The TPI Oil Data Service includes: Global Crude Oil Swaps, (36 months/11 quarters/2 years) European & Asian Fuel Oil , (24 Months/7 Quarters/1 Year); European Middle Distillates (36 Months/11 Quarters/2 Years), Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio