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The benchmark spot oil price is purely supply/demand driven. These prices are heavily influenced by paper trading (which includes refineries’ price hedging efforts, not just speculators) and are entirely market-driven for hypothetical deliveries of non-existent oil of the benchmark type.


Author: johnmandis 664 days ago on Category: Internet crude oil evaluation pricing All

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  1. ResumeRiters
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    ResumeRiters 302 days ago Permalink

    Great Article

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