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Winds Of Change In Crude Oil Pricing

by Joe Roeber

In the following article the London-based independent petroleum consultantJoe Roeber examines potential directional changes in world crude oil pricingmechanisms.

The parallel launch of Dubai contracts in London and Singapore is in themainstream of changes in the crude market. It fills the sour crude gap in therange of crude contracts; it spreads the geographical range covered by futures to the East; trading a similar...