VOL. XLV

No 47

25-November-2002

OIL PRICES/GENERAL

Asian Premium Reduction The Aim of IEEJ Pricing Proposals

The following article comprises extracts from the paperAsia Oil Price Analysis: Several Proposals on Pricing of Crude Oil Aimed at Reducing the Asian Premium, published in September by Dr Yoshiki Ogawa, General Manager of the Second Research Department at the Institute of Energy Economics, Japan (IEEJ).

Crude oil prices for Asia remained higher than those of European and US markets by...