NSE to Introduce Platts-Linked Brent Crude Futures in India

The National Stock Exchange of India Limited (NSE) has entered a strategic partnership with S&P Global Energy, a leading independent provider of data, analytics, benchmark pricing, and workflow solutions for global commodities markets. This collaboration will enable the introduction of exchange-traded derivatives based on Platts’ physical spot market benchmarks, reinforcing India’s energy derivatives ecosystem and aligning it with globally accepted pricing standards. Platts is a part of S&P Global Energy.

Launch of Dated Brent Futures

As part of this initiative, NSE will introduce Dated Brent Crude Oil (Platts) futures contracts, which will be based on the widely recognised Platts Dated Brent benchmark. These contracts are designed to provide a transparent and globally relevant pricing mechanism for participants seeking exposure to international crude oil markets.

Enhanced Risk Management Opportunities

The proposed futures contracts aim to serve a diverse set of market participants, including refiners, importers, traders, financial institutions, and investors. By offering access to globally trusted benchmarks through a regulated domestic exchange, NSE seeks to strengthen risk management capabilities and market efficiency.

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Regulatory Approval and Launch Date

NSE has received the necessary regulatory approval to introduce the Dated Brent Crude Oil (Platts) futures contracts. The exchange has confirmed that trading in these contracts will commence on April 13, 2026.

Shri Sriram Krishnan, Chief Business Development Officer (CBDO), NSE, said: “This collaboration with S&P Global Energy represents a pivotal milestone in NSE’s journey to build domestically and globally relevant commodity derivatives in India. By introducing derivatives on Platts benchmarks, starting with Brent Crude Oil, we aim to offer market participants credible and efficient tools for price discovery and risk management. These products will bridge domestic and international markets while enhancing India’s position in the global energy trading ecosystem.”

Matthew Eversman, Director, Global Licensing and Exchange Relationships, said, “Collaborating with NSE is an important step in Platts’ ongoing commitment to the Indian market. We are delighted that India’s largest exchange has recognised the transparency and trust of Platts benchmarks and chosen them to build out its commodities suite. We look forward to growing our collaboration.”

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