Global crude benchmark WTI is flawed, according to expert

Alex Davis
28 May 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Brent-grade crude oil is a more relevant benchmark for oil industry physical pricing than West Texas Intermediate grade (WTI), the managing director for Austria-based consultancy JBC Energy said on Thursday.

"As an oiler, you care about benchmarks that reflect physical oil," says Johannes Benigni, MD for JBC Energy at energy news and pricing agency Platts' crude oil markets conference in London on Friday. "Right now, WTI is an instrument for the financial players, which is perfectly fine, but

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]