Ben Holt - Senior Associate at Consilience, comments...

Brent crude oil is a benchmark price for about two thirds of the world’s oil contracts. This influential benchmark, which is based on five specific grades of crude oil produced in the UK and Norway and sold FOB North Sea ports, stands at a crossroads: the trading community is being asked to accept the inclusion of the USA’s West Texas Intermediate (WTI) crude oil as a deliverable grade in the Brent benchmark contracts.

  Your Expert Witness Magazine issue 61 https://www.yourexpertwitness.co.uk/back-issues/1298-issue-no-61  The article on page 26 authored by Liz Bossley  

Classic Crude Oil Trades : Real-Life Examples of Innovative Trading Some of the trades covered in the book are well known but most are only known to a small group or to market specialists. Chapter 14 describes a trade carried out by Liz in the 1980s that you could not do today. Fascinating and unprecedented […]