Oil Prices - News, Trends, Oil Prices Links
Which is the eral oil price?
Which one should we look at when we talk about ?oil prices?? Proponents of using U.S. West Texas Intermediate figure it?s still the best global benchmark. The U.S. is the biggest oil-consuming nation, and trading volumes for New York crude dwarf other varieties. Brent supporters figure that oil?s global reach make it a more reliable benchmark. And OPEC does account for 40% of global oil production, making the price of OPEC oil somewhat important, too. - Read More
Topics : Oil Oil and Gas
Refiner / marketer magin for oil
The refiner / marketer margin was about 50 c / gal in 2005
Topics : Oil Oil and Gas