Our network

argus sour crude index (asci)

Indexing Crude Prices

November 16, 2009 by Geoffrey Styles
with 81 views
0

Although oil trading hasn't been my primary focus for many years, the recent announcement by Saudi Aramco that it is switching its price mechanism for oil delivered to the US caught my attention. Instead of basing its formula for deliveries here on the price of West Texas Intermediate crude oil, it will apparently reference the new... [read more]