The Intercontinental Exchange said Feb. 26 that crude futures and swaps contracts listed up to June 2022 and referencing the S&P Global Platts Dated Brent assessment in its current form would remain valid even after Platts switches to a new methodology for the assessment in July 2022. Receive daily email alerts, subscriber notes & personalize your experience. Register Now ICE was responding to a Feb. 22 announcement by Platts that it will incorporate US WTI Midland crude oil in its Dated Brent assessments – used as a benchmark by the industry globally – and would also switch the entire assessment process to a Rotterdam delivered, or Cost Insurance & Freight (CIF) basis, both for July 2022 deliveries onward. […]