European gas oil markets : price relationships, hedging and efficiency
The structure of markets is often taken for granted. Companies trade in a commodity market because it exists and do not feel the need to enquire into its origins. But markets are not static entities and, in the case of the oil industry, they are in a constant state of evolution as new trading techni...
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| 格式: | Working paper |
| 语言: | English |
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Oxford Institute for Energy Studies
1991
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