Professional paper

Values and prices of basic oil derivatives in Western European markets during 2008

Zlatko Hill ; DSc.
Saša Vujinović ; MSc., CROSCO Naftni servisi d.o.o.

Abstract

This article provides an analysis of movements in prices of crude oil and main derivatives in 2008 by using the same methodology that was used in analysing the prices and relationships between crude oil and main derivatives prices in 2006 and 2007.
The analysis identifies changes in values that were signalled even in the previous study, in the environment of volatile prices which prevailed in the markets. Indeed, volatility was one of key features of oil industry throughout 2008. We also give a brief overview of unusual fluctuation in refinery margins (gross and net).

Keywords

oil prices; oil derivatives prices; relationships between prices; statistics; refining margin

Hrčak ID:

46148

URI

https://hrcak.srce.hr/46148

Publication date:

31.12.2009.

Article data in other languages: croatian

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