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Tuesday, November 12, 2013

The Oman and Brent Crude Oil Markets explained

OMAN CRUDE OIL MARKET

A new article titled “DME Oman Crude Oil Futures (OQD)” that clearly identifies the credit risks involved and covers all important points related to this market, has been posted on BarrettWells.co.uk, see: http://www.barrettwells.co.uk/OmanCrudeMarket.html

The Dubai Mercantile Exchange’s OQD contract is becoming the crude oil pricing benchmark for the Asian market, displacing the Dubai Crude Oil Futures contract. It is important to understand the credit risk implications of trading in these and the associated OTC Oman Crude Oil Contracts.

BRENT CRUDE OIL MARKET

An updated article titled “25 Day BFOEs - Understanding the related Credit Risk” that clearly identifies the credit risks involved and covers all important points related to this market, has been posted on BarrettWells.co.uk, see: http://www.barrettwells.co.uk/25daybfoes.html

ICE Brent Crude Futures and 25 Day BFOE (Brent-Forties-Oseberg-Ekofisk) Forward contracts create the basis for the determination of the cost of more than 65% of the crude oil bought and sold in the world. However the jargon and processes related to the wider Brent Futures and BFOE market are not easy to unravel. Understanding the credit risk implications is even more challenging. This article clearly covers all important points.

BarrettWells

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