Illustration depicting the launch of perpetual oil futures by ICE and OKX, featuring oil benchmarks and trading elements.
Illustration depicting the launch of perpetual oil futures by ICE and OKX, featuring oil benchmarks and trading elements.
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ICE and OKX announce perpetual oil futures launch

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Intercontinental Exchange and OKX announced Friday they will launch perpetual futures contracts tied to Brent and WTI oil benchmarks. The products will be available to OKX users in licensed jurisdictions.

Intercontinental Exchange Inc., owner of the New York Stock Exchange, and crypto exchange OKX said they are joining forces to offer the new contracts. The perpetual futures will use ICE benchmark prices for Brent crude and West Texas Intermediate crude oil. They will be offered where OKX holds licenses for such products, giving its 120 million users access to the instruments.

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Initial reactions on X highlight excitement over bridging traditional oil markets with crypto perpetuals, with some noting competition against Hyperliquid and optimism for 24/7 trading access.

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Dramatic scene of US naval blockade and Iranian ship seizures in the Strait of Hormuz, with oil prices topping $100 amid stalled ceasefire talks.
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Oil prices top $100 as US-Iran ceasefire talks stall

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Crude oil prices have surpassed $100 per barrel amid stalled peace talks between the United States and Iran. Trade through the Strait of Hormuz remains restricted, with Iran seizing two ships and the US maintaining a naval blockade. Analysts warn of further price increases due to ongoing disruptions.

CME Group and ICE are pressing U.S. regulators to restrict Hyperliquid's offshore perpetual contracts tied to oil prices. The effort comes amid traditional exchanges' push into continuous trading, including CME's planned round-the-clock crypto futures launch.

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Coinbase has introduced futures contracts for cryptocurrency trading in 26 European countries, marking its first direct derivatives offering in the region. The products, available through Coinbase Advanced, comply with EU regulations via a MiFID-registered entity. This launch provides a regulated alternative to offshore platforms previously used by European traders.

周一,油价上涨约20%,因为美以对伊朗的战争扩大促使中东主要产油国削减供应,达到2022年7月以来未见的水平。伊拉克和科威特已减少产量,担心霍尔木兹海峡出现长期中断。该冲突即使迅速解决,也可能导致全球燃料成本数周或数月居高不下。

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President Donald Trump ordered US and Israeli attacks on Tehran in the early morning of February 28, 2026, prompting an Iranian missile response against Israel. This Middle East conflict endangers global oil supply via the Strait of Hormuz, through which one-fifth of the world's crude passes. In Mexico, which imports gasoline, it could lead to price hikes if the conflict persists.

AFX has started operating its dedicated Layer 1 mainnet for decentralized perpetual trading. The launch occurred on May 18, 2026, and introduces specialized infrastructure for high-speed on-chain derivatives.

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The OPEC+ alliance announced an increase of 188,000 barrels per day in crude oil production starting June 2026. This adds to the 206,000 barrels rise announced in April. The blockade in the Strait of Ormuz, however, restricts its effect on global markets.

 

 

 

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