Tag Archives: Crude Oil

World Crude Report Methodology – 04 August 2014

Methodology

The ICIS World Crude Report delivers in-depth information on the global oil trade, giving subscribers insight to a wide range of crude grades across the global markets. For the full methodology document please go to World Crude Report Methodology – 04 August 2014 ICIS World Crude Report provides: Expert pricing and market information for 7 […]

World Crude Report Methodology – June 2014

Methodology

This the ICIS pricing methodology for Crude Oil. ICIS quotes Crude Oil prices in Europe, Asia-Pacific, the US, Middle East/West Asia, Latin America and Africa. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents. For more detail please see the […]

World Crude Report Methodology – August 2013

Methodology

All ICIS-published assessments in the crude oil market are so-called “market closing” assessments. That is, they are intended to represent the tradable value of a particular crude grade at the time commonly agreed by the marketplace to represent a daily physical market “close”. A closing value price assessment takes into account:confirmed deals, bids and offers; market direction; and market relationships […]

Crude Oil

The global oil markets have seen significant fluctuations in the past year, with demand driven down by a weak global economy and driven upward after natural disasters in India and Japan. It is expected that world oil demand growth in 2013 will remain stable. However, weakness in the global economy is still causing a great […]