blackcab
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There's a few different spot & futures oil prices - Brent Crude, Gas Oil, Light Crude, West Texas Intermediate Spot (whatever that is - got it from data360.org), others.
What I want to know is which contract/spot is most relevant to European industry? If a big energy-hungry business in Europe wants to see where their costs are coming from, what price chart should they look at, and should it be the futures or the spot?
Cheers,
bc
What I want to know is which contract/spot is most relevant to European industry? If a big energy-hungry business in Europe wants to see where their costs are coming from, what price chart should they look at, and should it be the futures or the spot?
Cheers,
bc