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The market for North Sea Brent Oil directly determines the price of over one-half of the world trade in crude oil. This study analyzes the workings of the oil market and describes how crude oil prices are determined throughout the world. It covers OPEC pricing, futures markets for oil, the impact of the UK taxation regime, and the mechanisms by which the world price of oil is determined. The text should be of benefit to those working in the areas of futures and forward markets, OPEC behaviour, North Sea oil, oil taxation and oil prices.
The market for North Sea Brent Oil directly determines the price of over one-half of the world trade in crude oil. This study analyzes the workings of the oil m
It’s a fair bet that most of what you think you know about oil prices is wrong. Despite the massive price fluctuations of the past decade, the received wisdom
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decad
This is a book about the international oil market. It takes a historical perspective on how the market emerged, developed, and became what it is today—the big
