Catégorie Crude oil prices

ORB & Dubai Crude

Besides West Texas Intermediate (WTI)  and Brent Crude, the other trading benchmarks are the OPEC Reference Basket and the Dubai Crude. The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of oil prices collected from various oil producing countries. This average is determined according to the production and exports […]

WTI vs. Brent

According to the International Crude Oil Market Handbook  2004 published by the Energy Intelligence Group, there are about 161 different internationally traded crude oils. They vary in terms of characteristics, quality and market penetration. Two crude oils which are either traded themselves or whose prices are reflected in other types of crude oil include West […]