VOL. XLVII

No 17

26-April-2004

OIL PRICES

BFO Futures To Be Affected By New Crude Streams, Warns CEAG

Londons IPE extended the crudes deliverable under its Brent contract to include the similar quality Forties and Oseberg in a bid to reduce the volatility of Brent trading as production volumes of the benchmark blend declined (MEES,16 September 2002). In an article written for MEES, Liz Bossley, Chief Executive of Londons Consilience Energy Advisory Group (CEAG) explains how the planned...