Bulletin – September 2012 The Pricing of Crude Oil September Quarter 2012 Bulletin article: The Pricing of Crude Oil
Figure 1
This figure shows how the price reporting agencies derive the Dated Brent price when trading in the Brent forward market is liquid.
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Figure 2
This figure shows how the price reporting agencies derive the Dated Brent price when trading volumes in the Brent forward market are particularly low.
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