India’s NSE to launch Platts‑based crude futures in tie-up with S&P Global Energy

India’s National Stock Exchange ​will launch exchange-traded ​derivatives based on Platts ​oil price benchmarks through a collaboration with S&P Global Energy, the bourse said on ‌Monday.

The ⁠move comes ⁠as India’s market regulator pushes to ​deepen commodity derivatives markets and attract greater ​institutional participation, including in metals and energy contracts.

The products will offer tools for price discovery ⁠and risk ‌management to refiners, importers, traders, financial institutions and investors seeking ⁠exposure to global Brent crude prices in a regulated domestic market, NSE added.

India is one of the world’s largest crude oil importers and remains heavily exposed to swings in global oil ‌prices.

The exchange will initially roll out Dated Brent Crude Oil (Platts) ​futures ​contracts, using ⁠the Platts Dated Brent benchmark, NSE said in a statement.

NSE said it has ​received regulatory approval for the launch and that the contracts will begin trading on April 13, 2026.