The growing influence of Caspian crude
Forecasting crude oil correlation changes
It would be easy to conclude that the financial, economic and energy market shocks of the past four years arrived suddenly, with little prior evidence. However, like many dramatic changes, they are almost always the inevitable shift in key benchmarks subject to years of marginal pressure. For a successful energy risk manager and trader, these marginally driven seismic shifts are profitable to predict and essential to hedge or insure against.
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