Question: How does the market deterrisine a physical reference price for commodities? It relies on price reporting agencies, such as Argus and Platts It directly relies
How does the market deterrisine a physical reference price for commodities?
It relies on price reporting agencies, such as Argus and Platts
It directly relies on the major oil companies, such as BP and Shell
It uses financial trades of futures contracts on the exchanges
It relies on the amount of futures contracts speculators and hedgers purchase
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