HOU | Jotup

ICE Aligns Midland WTI (HOU) Crude Quality Specifications to Match U.S. Physical Gulf Coast Crude Cargoes

Retrieved on:

Wednesday, May 1, 2024

Professional Services, Data Analytics, Oil, Gas, Energy, Finance, Banking, Nickel, ECHO, HOU, Vanadium, ICE, Intercontinental Exchange, Rest, WTI, RVP, Iron, Gasoline, Intercontinental, MEH, Growth

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) futures contract is now further aligned with Midland WTI crude oil deliverable into Dated Brent and the rest of the Brent complex after ICE updated the quality specifications of the crude deliverable into the contract.

Key Points:

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) futures contract is now further aligned with Midland WTI crude oil deliverable into Dated Brent and the rest of the Brent complex after ICE updated the quality specifications of the crude deliverable into the contract.
The underlying crude oil quality of HOU futures now fully aligns with the globally accepted quality standard for Midland WTI crude after ICE added a maximum Iron content of 10 milligrams per kilogram (mg/kg) and replaced the combined Nickel and Vanadium maximum content with individual maximum contents of 2.0 mg/kg each.
“This provides the market with the only transparent source for exchange guaranteed Midland quality WTI,” said Jeff Barbuto, Global Head of Oil Markets at ICE.
Deliveries of Midland WTI crude oil through the HOU contract average 4.4 million barrels each month.

Houston Airports, TRAX Analytics, and Aunt Flow Pioneer Groundbreaking Partnership to Enhance Passenger Experience

Retrieved on:

Tuesday, April 16, 2024

TRAX, George Bush Intercontinental Airport, Travel, HOU, Partnership, Environment, Houston Airport System, Airport, Menstruation, Airline

HOUSTON, April 16, 2024 /PRNewswire/ -- Houston Airports, in collaboration with TRAX Analytics and Aunt Flow, proudly announces a groundbreaking initiative set to revolutionize passenger amenities at airports.

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HOUSTON, April 16, 2024 /PRNewswire/ -- Houston Airports, in collaboration with TRAX Analytics and Aunt Flow, proudly announces a groundbreaking initiative set to revolutionize passenger amenities at airports.
Houston Airports, TRAX Analytics, and Aunt Flow announce smart free-vend period product dispensers at HOU and IAH.
The strategic partnership between Houston Airports, TRAX Analytics, and Aunt Flow represents a commitment to prioritize passenger well-being and convenience, setting a new standard for airports globally.
"We are excited to continue to contribute our expertise in data-driven solutions to enhance the passenger experience at Houston Airports," said Tracy Davis, Founder and CEO of TRAX Analytics.

Elite Town Car Services Houston Announces Limousine and Car Service for Travelers Searching for Premium Airport Transportation

Retrieved on:

Monday, March 18, 2024

HOU, Limo, SUV, Risk, Travel, Transport, IAH, Car, Punctuality, Safety, Houston Airport, Airport, Sprinter, Ridesharing

Houston, Texas, March 18, 2024 (GLOBE NEWSWIRE) -- Elite Town Car Services Houston, a renowned limousine and Car service Houston company that ensures top-tier comfort, safety, and distinction for its clientele, is excited to announce that it has added an airport transportation service with a choice of luxury car or limousine pick-up to its suite of award-winning services in Houston.

Key Points:

Houston, Texas, March 18, 2024 (GLOBE NEWSWIRE) -- Elite Town Car Services Houston, a renowned limousine and Car service Houston company that ensures top-tier comfort, safety, and distinction for its clientele, is excited to announce that it has added an airport transportation service with a choice of luxury car or limousine pick-up to its suite of award-winning services in Houston.
“Elite Town Car Service is the premier choice for airport transportation in Houston,” said a spokesperson for Elite Town Car Services Houston.
By offering premier Limousine service in Houston airport with seasoned drivers, we offer trustworthy, smooth, and comfortable airport limousine service in Houston.”
Beyond airport services, Elite Town Car Services Houston also specializes in corporate transportation, offering executive car services for business needs, including employee transport to airports or meetings that are delivered at distance-based prices to ensure a cost-effective yet premium service.
Whether a frequent traveler or someone who requires occasional transportation services, Elite Town Car Services Houston is available to make every journey enjoyable.

Hello, Avelo! Avelo Airlines Takes Flight from Houston with Exclusive Nonstop Service to Southern Connecticut

Retrieved on:

Wednesday, March 20, 2024

HOUSTON, March 20, 2024 /PRNewswire/ -- Houston-based Avelo Airlines announced today it will begin flying from the Bayou City in June with exclusive nonstop service from William P. Hobby Airport (HOU) to Southern Connecticut's most convenient airport – Tweed-New Haven Airport (HVN).

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When this new route takes flight, Avelo will be the only airline offering nonstop service between Houston and the state of Connecticut.
Avelo Airlines Founder, Chairman and CEO Andrew Levy said, "Houston, it's time to say hello to Avelo!
Avelo was founded and established its Support Center (how the airline refers to its headquarters) in Houston in 2018.
Avelo launched in April 2021 with scheduled commercial service from its first base at Los Angeles' Hollywood Burbank Airport (BUR).

Leveraging Down Payment Assistance to Make Homeownership Affordable to All

Retrieved on:

Tuesday, February 20, 2024

National Association, African Americans, Wells Fargo, White, NAR, HOU, Housing, Real estate

Austin, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The Texas State Affordable Housing Corporation (TSAHC) is committed to addressing racial disparities that exist regarding access to homeownership.

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Austin, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The Texas State Affordable Housing Corporation (TSAHC) is committed to addressing racial disparities that exist regarding access to homeownership.
As a result, the homeownership gap between White and Black home buyers is now the largest it's been in a decade.
Both programs provide fixed-rate mortgage loans that include down payment assistance in the form of a grant or deferred forgivable second-lien loan.
“TSAHC’s assistance can cover all or part of the required down payment, which helps close the affordability gap and make homeownership more accessible to historically marginalized households.”
TSAHC’s program data confirms that down payment assistance is an effective strategy in helping close the racial homeownership gap.

ICE to Align Crude Quality Contract Specifications of ICE Midland WTI (HOU) Futures with Physical Gulf Coast Crude Cargoes

Retrieved on:

Wednesday, February 28, 2024

Professional Services, Data Analytics, Oil, Gas, Energy, Finance, Banking, Fuel oil, Date, MEH, RVP, Intercontinental Exchange, Gasoline, ICE, Iron, Nickel, ECHO, Vanadium, HOU

Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today announced plans to further align the ICE Midland WTI (ICE:HOU) futures contract with Midland WTI crude oil included in the Dated Brent basket.

Key Points:

Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today announced plans to further align the ICE Midland WTI (ICE:HOU) futures contract with Midland WTI crude oil included in the Dated Brent basket.
The contract amendments mean the crude oil quality that is deliverable via ICE’s HOU futures contract will align with globally accepted Midland-WTI quality physical cargoes loading at the U.S. Gulf Coast for export to Europe and their potential inclusion in the Platts Dated Brent basket assessment.
“This is an important final step to align ICE’s Midland WTI futures contract with the globally accepted quality standard for the Midland WTI crude grade,” said Jeff Barbuto, Global Head of Oil Markets, ICE.
Deliveries of Midland WTI-quality crude oil via the HOU contract were over 4.4 million barrels each month during the second half of 2023.

Enterprise and ONEOK Extend Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Crude Deliveries to the End of 2025

Retrieved on:

Monday, December 4, 2023

Finance, Oil, Gas, Banking, Energy, Professional Services, HOU, MEH, Delivery, NYSE, Gasoline, ONEOK, ECHO, Rest, ADP, Intercontinental, Enterprise Products, EFP, EPD, Intercontinental Exchange, ICE

HOU futures had a record third quarter in 2023 with 672,681 contracts traded, with record average daily volume of 10,677 contracts.

Key Points:

HOU futures had a record third quarter in 2023 with 672,681 contracts traded, with record average daily volume of 10,677 contracts.
Each month, the HOU futures contract delivers approximately 5 million barrels of Midland WTI-quality crude.
HOU has delivered approximately 71 million barrels of Midland WTI-quality crude since early 2022.
Midland WTI crude oil also became deliverable into Dated Brent and the rest of the Brent complex earlier this year.

Sun Country Airlines will expand international service to two new Canadian cities in 2024

Retrieved on:

Tuesday, October 17, 2023

MINNEAPOLIS, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will launch new nonstop service to YUL Montréal-Trudeau International Airport and Toronto Pearson International Airport (YYZ) in June of 2024 (pending final approval).

Key Points:

MINNEAPOLIS, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will launch new nonstop service to YUL Montréal-Trudeau International Airport and Toronto Pearson International Airport (YYZ) in June of 2024 (pending final approval).
Sun Country has also extended its schedule for customers to book travel through Sept. 10, 2024.
With these new destinations, Sun Country will offer nonstop service from MSP to 98 distinct markets in 2024.
“Sun Country prides itself on being the leisure airline of choice for MSP customers,” said Grant Whitney, senior vice president and chief revenue officer for Sun Country.

Volato Expands Its Volato Go! Flight Program to Texas

Retrieved on:

Wednesday, October 11, 2023

network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.

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network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.
With Volato Go!, all customers can take advantage of our lowest dynamic market pricing, with the Volato Go!
Texas pricing applies to flights between three Texas airports only: DAL (Dallas Love Field), HOU (William P. Hobby Airport) and AUS (Austin-Bergstrom International).
Volato’s other solutions include aircraft fractional ownership, the Volato Insider Program, Volato Aircraft Management Services, and ad hoc charter, which includes highly discounted Daily Deals.

Enterprise and Magellan’s Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Extended Through 2024 as HOU Trades at Record Levels During August

Retrieved on:

Wednesday, September 6, 2023

The extension comes as HOU had another record trading month with a record 307,000 contracts traded during August, as well as reaching record average daily volume of 13,347 contracts.

Key Points:

The extension comes as HOU had another record trading month with a record 307,000 contracts traded during August, as well as reaching record average daily volume of 13,347 contracts.
The contract reached a series of open interest records throughout August, which has continued into September with open interest at a record 81,000 contracts.
Open interest in HOU now goes out to December 2025 as customers choose HOU to manage their Midland WTI exposure.
Each month, the HOU futures contract delivers approximately 5 million barrels of Midland WTI quality crude.