India's NSE to launch Platts-based crude oil futures
India's National Stock Exchange will launch Platts-based crude oil futures on April 13. The contracts provide domestic firms with tools for risk management.
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The National Stock Exchange of India (NSE) has announced the upcoming launch of exchange-traded derivatives based on Platts oil price benchmarks. This development follows a collaboration with S&P GLOBAL INC, specifically through its energy division, as the bourse seeks to broaden its commodity market offerings.
