An Anatomy of the Crude Oil Pricing System
The main purpose of this report is to analyse the main features of the current crude oil pricing system; to describe the structure of the main benchmarks currently used namely Brent West Texas Intermediate (WTI) and Dubai-Oman; to clearly identify the various financial layers that have emerged aroun...
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Format: | Working paper |
Language: | English |
Published: |
Oxford Institute for Energy Studies
2011
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