Bulletin – September Quarter 2012 The Pricing of Crude Oil September Quarter 2012 Bulletin article: The Pricing of Crude Oil

Figure 1

This figure shows how the price reporting agencies derive the Dated Brent price when trading in the Brent forward market is liquid.

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Figure 2

This figure shows how the price reporting agencies derive the Dated Brent price when trading volumes in the Brent forward market are particularly low.

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