What is Real-Time Oil Data?
Real-Time Oil is not simply an aggregated feed. It captures the mid-price, an indication of where the market stands, generated by brokers across different locations who are actively brokering both crude products (oil straight from the ground) and refined products (the various grades resulting from the distillation of crude, such as gasoline, diesel, and jet fuel). This is real-time oil market data that helps users track OTC oil prices intraday across crude and refined products.
This price is instantly consumable by market participants, including traders, front office, and middle office, who can then execute trades directly with the desk that generated the price. Real-time OTC pricing data supports faster decision-making for trading, risk management, and valuation workflows.
“If you’re a trader or risk manager, you need to keep a close eye on both exchange-based and OTC markets”, Victor emphasized. “We offer less standardized contracts and more tailored solutions”.
Why Real-Time OTC Oil Data is transforming global trading
A major shift is underway in how the complex oil market is monitored, valued, and traded. As discussed in our recent video podcast, Real Time Oil, the launch of a new real-time oil data offering, consolidating insights from leading brokerage firms Tullett Prebon, ICAP, and PVM, is set to provide a unified, reliable, and instantaneous view of the market. This initiative addresses long-standing issues of segmented oversight and inefficiency and marks a significant evolution in how oil data is consumed. By consolidating broker-sourced inputs, it helps create a more consistent view of real-time OTC oil data for global markets.
“The data we provide is a mid-price that gives an indication of where the market stands in real time according to our brokers,” said Victor during the podcast. This mid-price, derived from live broker input, offers a more accurate and timely reflection of market sentiment than traditional end-of-day reports. This is the key difference between end-of-day oil reports and real-time oil pricing: you can monitor intraday market moves as they happen.
This broader coverage is particularly valuable for professionals managing complex portfolios or seeking to optimize their risk exposure. For many teams, real-time data improves intraday monitoring and supports more responsive hedging decisions.
By aggregating data from multiple brokerage firms, the Real Time Oil service ensures that users receive a comprehensive view of the market, eliminating blind spots and reducing latency in decision-making. Reducing latency is key when users rely on real-time OTC oil pricing data for execution, valuation, and risk management.
How Real-Time Oil Data solves market segmentation issues
The oil market has historically been segmented, creating challenges for participants seeking a single, authoritative view. This fragmentation can leave users relying on partial views of OTC oil pricing and market conditions. The real-time solution aims to unify this landscape, providing:
- Unified Vision: A consolidated, reliable data stream that gives a true, real-time snapshot of the market.
- Best Execution: Enabling clients to achieve the best possible price for both pre-trade and post-trade activities.
- Enhanced Risk Management: Facilitating real-time risk assessment, valuation, and benchmarking, which is critical in today’s increasingly volatile market.
“We noticed that the oil market is segmented, and there was a lack of efficiency and oversight”, Victor noted. “Bringing this solution to the market solves a lot of these problems”.
How Real-Time OTC Oil Data Improves Market Transparency
OTC markets play a crucial role in global oil trading, often serving as the venue for bespoke contracts and large-volume transactions. However, these markets have traditionally been less transparent than their exchange-based counterparts. Real Time Oil changes that by bringing visibility and structure to OTC data. Improving OTC oil market transparency can help users understand pricing conditions beyond exchange-traded products.
“End users have been using our end-of-day reports for years”, Victor shared. “But with real-time, we can value risk more efficiently and accurately. We want to feed algorithms that trigger buy or sell signals”.
This shift from static to dynamic data empowers users to make faster, more informed decisions, whether they are trading, hedging, or conducting market analysis. This is also useful for teams building trading signals, dashboards, or models that depend on real-time oil pricing.
Technology driving Real-Time Oil market insights
The transition to real-time data is not just a technological upgrade—it’s a strategic transformation. By integrating real-time feeds into their systems, users can automate responses to market movements, enhance predictive models, and improve operational efficiency. Real-time data feeds can support algorithmic trading, automated alerts, and faster intraday risk calculations.
The podcast also touched on the importance of accessibility. Real Time Oil is designed to be easily consumable, whether through direct API integration or via user-friendly dashboards. This ensures that both technical and non-technical users can benefit from the insights it provides. API integration and dashboard access help teams operationalise real-time OTC oil data across front, middle, and back office workflows.
Future of Oil Market Intelligence: What’s next?
As the oil market continues to evolve, the need for accurate, timely, and comprehensive data will only grow. Real Time Oil positions itself as a cornerstone of this new era, offering a solution that is both innovative and practical. As demand grows for real-time oil market data, access to consistent OTC oil pricing can become a competitive advantage.
“We’re not just providing data—we’re enabling smarter decisions”, Victor concluded.
Watch the full podcast episode to hear more from the team behind Real Time Oil and learn how this new offering is set to reshape the future of oil market intelligence.
FAQs about Real-Time OTC oil data
What is Real-Time Oil data and how does it work?
Real-Time Oil data provides an instantaneous view of global oil markets by aggregating mid-prices from leading brokerage firms. This data reflects live broker input, offering a more accurate and timely snapshot than traditional end-of-day reports.
Why is real-time oil data important for traders and risk managers?
Real-time oil data helps traders and risk managers make faster, more informed decisions by improving transparency, reducing market blind spots, and enabling better risk assessment. It supports both pre-trade and post-trade activities for optimal execution.
How does Real-Time Oil improve transparency in OTC markets?
OTC markets have historically lacked visibility compared to exchange-based trading. Real-Time Oil brings structure and transparency to OTC data, allowing participants to access accurate pricing and manage risk more effectively.
How accurate is OTC market data?
Parameta’s real-time data is broker-sourced, meaning it comes directly from desks actively brokering trades. This approach delivers execution-grade mid-prices that offer a more accurate and timely view of market sentiment compared to traditional end-of-day reports.
Who typically uses Real-Time Oil data?
Front-office traders, risk managers, and middle-office teams rely on real-time OTC oil data for intraday monitoring, hedging strategies, and valuation. It also supports algorithmic trading and automated risk workflows for institutions managing complex portfolios.
What’s the difference between real-time oil data and end-of-day oil reports?
End-of-day reports provide static snapshots after the market closes. Real-time data, by contrast, updates continuously during trading hours, allowing users to track intraday movements and act on live market conditions.
Which oil products and markets are covered?
Coverage spans crude oil and refined products, including gasoline, diesel, jet fuel and other grades, across global OTC markets, with a focus on EMEA and APAC regions.
How does real-time oil data support best execution across pre-trade and post-trade?
By providing accurate mid-prices in real time, the service helps traders benchmark deals, validate valuations, and achieve best execution for both pre-trade and post-trade activities.
Disclaimer
© 2025 ICAP Information Services Limited (“IISL”). This communication is provided by ICAP Information Services Limited or a member of its group (“Parameta”) and all information contained in or attached hereto (the “Information”) is for information purposes only and is confidential. Access to the Information by anyone other than the intended recipient is unauthorised without Parameta’s prior written approval. The Information may not be not used or disclosed for any purpose without Parameta’s prior written approval, including without limitation, storing, copying, distributing, licensing, selling or displaying the Information, using the Information in an application or to create derived data of any kind, co-mingling the Information with any other data or using the data for any unlawful purpose of for any purpose that would cause it to become a benchmark under any law, regulation or guidance. The Information is not, and should not be construed as, a live price, an offer, bid, recommendation or solicitation in relation to any financial instrument or investment or to participate in any particular trading strategy or constituting financial or investment advice or a financial promotion. The Information does not constitute a public offer under any applicable legislation or an offer to sell or a solicitation of an offer to buy any securities. The Information is not to be relied upon for any purpose whatsoever and is provided “as is” without warranty of any kind, either expressly or by implication, including without limitation as to completeness, timeliness, accuracy, continuity, merchantability or fitness for any particular purpose. All representations and warranties are expressly disclaimed, to the fullest extent possible under applicable law. In no circumstances will Parameta be liable for any indirect or direct loss, or consequential loss or damages including without limitation, loss of business or profits arising from the use of, any inability to use, or any inaccuracy in the Information. Parameta may suspend, withdraw or modify or change the terms of the provision of the Information at any time in its sole discretion, without notice. All rights, including without limitation intellectual property rights, in and to the Information are, and shall remain, the property of IISL or its licensors. Use of, access to or delivery of Parameta’s products and/or services requires a prior written licence from Parameta or its relevant affiliates. The terms of this disclaimer are governed by the laws of England and Wales.
