Loop

louisiana offshore oil port

About LOOP

The Matrix model at the Louisiana Offshore Oil Port (LOOP) was developed to optimize the value of the facility’s storage assets through the creation of proprietary short-term physical bilateral agreements and financial derivatives products. Customers benefit from risk management, price transparency, access to short-term storage capacity and reduced credit exposure.

LOOP Auction

On the first Tuesday of each month, Matrix hosts an online auction of LOOP Storage Futures Contracts and Physical Forward Agreements.