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    Home > Chemicals Industry > Petrochemical News > ICE cuts initial margin for September Brent crude futures by 12.5%

    ICE cuts initial margin for September Brent crude futures by 12.5%

    • Last Update: 2023-02-12
    • Source: Internet
    • Author: User
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    Foreign power news on July 6, the Intercontinental Exchange (ICE) announced on Wednesday that it will reduce the initial margin of the spot month September Brent crude oil futures contract by 12.
    5% to $9.
    35 / barrel (previously $10.
    69 / barrel), effective
    since Wednesday's close.

    This is also the fifth time that the exchange has adjusted the margin level
    of Brent crude oil futures this year.

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