Detail Wide-spread Confusion; Oil Benchmarks   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 399 no. 8738 (Jun. 2011), page 78-79. Topik: Crude Oil Prices; International Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.66 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Finding out the price of oil used to be simple. A quick check of either of the two main gauges of international markets--West Texas Intermediate (WTI) or Brent Blend--would suffice. But this year, as oil prices have soared, a gap has opened up between the two benchmark crudes. On June 15th the spread was close to $23 dollars a barrel. Recently another, more mysterious spread has opened up. The price of Louisiana light and sweet (LLS), an oil grade that feeds America's gulf refineries, has detached from Brent too, selling at around $4 a barrel less rather than its usual premium of a dollar or so. These price differences matter to businesses such as airlines, which hedge exposure to shifting oil prices. Commodities funds that hold WTI are also scratching their heads over what to do about buying and selling an oil that no longer reflects the wider global market. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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