Fundamentals of petroleum trading

Preface The Setting An Overview of Present Trading Practices Petroleum Spot Markets Mechanics of Spot Trading Spot-Related Deals The Role of Petroleum Spot Prices Futures Markets The Mechanics of Futures Trading Evolution of Futures Markets The Rules of the Game Petroleum Options Trading The Market Interlinkages The Impact of Futures Trading on Petroleum Stock Movements Interactions Between Future Prices and the Spot Market Price Predicting Futures Prices: Science versus Art OPEC, Spot, and Futures Trading: A New Market Triangle Appendixe Tables Bibliography Index