Thursday, January 11, 2018 9:45:43 AM
The World’s Most Expensive Oil
By Viktor Katona - Jan 09, 2018, 6:00 PM CST
"The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main marketing outlets and trading hubs, potential risks and general market sentiment.
To make matters even more complicated, speculation plays a major part in price-setting, since the volume of futures trading significantly exceeds that of physical volumes."
https://oilprice.com/Energy/Oil-Prices/The-Worlds-Most-Expensive-Oil.html
By Viktor Katona - Jan 09, 2018, 6:00 PM CST
"The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main marketing outlets and trading hubs, potential risks and general market sentiment.
To make matters even more complicated, speculation plays a major part in price-setting, since the volume of futures trading significantly exceeds that of physical volumes."
https://oilprice.com/Energy/Oil-Prices/The-Worlds-Most-Expensive-Oil.html
PEAK OIL - EPOCHAL EVENT OF OUR LIVES #board-6609
SUSTAINABLE LIVING FOR CHALLENGING TIMES #board-9881
PEAK BEE POPULATION - COLONY COLLAPSE DISORDER #board-17471
PEAK WATER #board-12656
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