Recent trends in oil pricing

Olga Leonidovna Garanina
Additional contact information
Olga Leonidovna Garanina: Saint Petersburg State University, Russia

Russian Foreign Economic Journal, 2016, issue 4, 98-113

Abstract: The article studies the recent trends in world oil markets. Special attention is devoted to WTI oil futures trading at NYMEX. Volatility of oil prices observed in the past decade encouraged emerging economies to start adapting oil pricing methods. Uncertainty with regard to the speed and scope of implementing new oil futures trading platforms in emerging economies is going to remain in the short term. The author concludes that, in the long term, oil futures trading in China will contribute to developing alternative oil benchmarks.

Keywords: Oil market; oil prices; oil benchmarks; oil derivatives; Urals; Brent; WTI; China. (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2016_04_98-113.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2016_04_98-113

Access Statistics for this article

More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC.
Bibliographic data for series maintained by Irina Katolik ().