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Trading and Price Discovery for Crude Oils
Growth and Development of International Oil Markets Authors:
Uncovers the fascinating history of making the price of oil – who sets it, why, and how
Distills exactly what the price of oil means Showcases the pitfalls and imperfections in the oil markets Show all benefits
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Immediate eBook download after purchase Hardcover $39.99
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This is a book about the international oil market. It takes a historical perspective on how the market emerged, developed, and became what it is today the biggest commodity market in the world. It is mature and complex, but far from perfect. Throughout most of its 150-year history, the oil market has been monopolised by companies and governments. For only a fraction of that, oil traded in a relatively free market. As a result, we had to live with ‘big
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