10.12.2012 - What oil price?
Just like the mythical free lunch, there is no such thing as the price of oil. Thatís not to say oil isnít priced; just that there is no single price. Of course, thereís no single price of petrol, either, and you may well pass by several gas stations in search of a better deal. But in the oil markets there are not only differing grades (such as in density and sulphur content) in different locations, but now additionally very substantial discrepancies between the key benchmarks...............................................Full Article: Source
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