Publications: Notes at the Margin

Gasoline Market Conditions Suggest Brent Could Decline to the $100-110 per Barrel Range Soon (April 9, 2012)


For years, the New York market for petroleum products has pushed the global petroleum market around because the physical and financial markets centered in New York are by far the world’s most integrated. This week's report discusses how the markets New York traders make and use now indicate that Brent cash prices will likely drop to between $100 and $110 by late May or early June.


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