Net Energy is the premier crude oil trading system in Western Canada developed and supported by CODELI.
Its unique and innovative web-based trading screens offer the most sophisticated and trustworthy quotation and trade reporting system in North America. Buyers and sellers of Western Canadian crude oil all across North America use our screens daily, making Net Energy the largest volume trading system of its kind.
Net Energy's Market Index products have also become a benchmark in trading and market valuation procedures. The Alberta Government uses the Net Energy Index valuations when establishing royalty barrel pricing. Net Energy has partnered with the Chicago Mercantile Exchange Group in using the Canadian Daily Index as the basis for settlement on the new Canadian Heavy Crude Financial contracts listed on NYMEX (WCC) and cleared through Clearport. Net Energy is the authoritative source for crude oil pricing and trade execution in Western Canada.
Net Energy provides comprehensive coverage of Canadian crude oil markets and personalized service for informed market insight.
The Net Energy trading platform provides a high-performance online interface customized for trading physical and financial crude oil with the most efficient tool-set available in the market today.
BROAD MARKET COVERAGE
The product lines available at Net Energy comprise the key Heavy, Synthetic, Sweet, Sour, and Condensate (C5+) physical markets in Canada, plus the CS WTI Calendar Swap and WCC Western Canadian Crude Futures contracts.
Transactions executed through Net Energy can be delivered electronically to your trade capture and other mid and back office systems via the Net Energy Data Courier (NEDC), our internet-based FIX protocol link that pushes transaction information in real-time directly to your office and third-party systems.