Brent and the Price Reporting Agencies

Adrian Binks () and Neil Fleming ()
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Adrian Binks: Argus Media Limited
Neil Fleming: Argus Media Limited

Chapter Chapter 8 in Brent Crude Oil, 2023, pp 111-128 from Springer

Abstract: Abstract This chapter is a story of the pivotal role that the PRAs have played in the price discovery for crude oil and therefore oil trading. It explains how the price assessment process evolved together with the changing market. By ‘holding up a mirror to the market, in their unique independent and competitive position as benchmark providers, PRAs can also usher in change.’

Keywords: PRAs; Price discovery; Platts; Argus (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-28232-4_8

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DOI: 10.1007/978-3-031-28232-4_8

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