- Abstract:
-
The Intercontinental Exchange (ICE) and the New York Mercantile Exchange (NYMEX) with its partner the Dubai Mercantile Exchange (DME) have been fiercely competing to create a viable and liquid sour oil futures contract that could serve as a pricing benchmark and as a mechanism for improved risk management. In part, this fierce competition reflects a battle between two very different approaches to oil trading and pricing. While ICE’s Middle East sour crude futures contract (launched on 21 May)...
Expand abstract - Publication status:
- Published
- Peer review status:
- Peer reviewed
- Version:
- Publisher's version
- Files:
-
-
(pdf, 78.9KB)
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- Publisher:
- Oxford Institute for Energy Studies Publisher's website
- Journal:
- Oxford Energy Forum Journal website
- Volume:
- September 2007
- Issue:
- 70
- Pages:
- 15-16
- Publication date:
- 2007-09-05
- ISSN:
-
0959-7727
- URN:
-
uuid:6be456bf-6a80-496a-b912-fe808f94cb5b
- Local pid:
- ora:10947
- Language:
- English
- Keywords:
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 2007
Journal article
The battle of the sour futures contracts
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