June 2011
Intermediate to advanced
236 pages
6h 25m
English
Content preview from Investing in Energy: A Primer on the Economics of the Energy IndustryBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Benchmark Crudes
What are benchmark crudes? Why is so much attention paid to crude oils such as the U.S. benchmark, West Texas Intermediate (WTI) or the North Sea crude oil Brent Blend? These two crudes and other crude oils have a number of things in common critical to what is known as a benchmark crude oil. Benchmark crudes set the pricing standard by which other crudes can be measured or assessed. The benchmark crudes function as an index and provide a high level of transparency to investors and other market participants. The following are a few key criteria important to benchmark crudes.
Liquidity
Benchmark crudes have a significant amount of liquidity in the market. Prices can be obtained for both Brent and WTI virtually 24 hours per day, ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.