International Oil Pricing and Analysis on Reason of Changing Price (Presentation)
Article from: OGEL 2 (2007), in Global Oil Markets: A Strategic Interpretation
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Futures price reflects international petroleum market trend. New York Mercantile Exchange and London Intercontinental Exchange are the main two places where oil price come from. Pricing of Crude oil and finished oil Petroleum trade varies as world oil trade globalize and diversify. Factors which influence future trends of international oil pricing include: Supply and demand? Market structure? Sales mode. Entering into 21st century, changing international oil price result from medium. Current International Oil Price has been deviated from law of ...