Abstract
The International Petroleum Exchange in London commenced trading gas oil futures on 6th April 1981, by which time No. 2 Heating Oil had been traded on the New York Mercantile Exchange for thirty months — since 14th October, 1978.
Quotation from Platt’s Oilgram Price Report of 6th April, 1982. ‘Atlantic Coast The General feeling was the cash-market again being led by the Merc., which was led by the I.P.E.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
The Petroleum Economist, October 1974.
Commodity Futures Trading Commission. Commitments of Traders. As of June 30, 1981 and September 30, 1981.
Charles Rockwell, ‘Normal Backwardation, Forecasting and the Returns to Commodity Futures Traders’, Proceedings of a Symposium on Price Effects of Speculation in Organised Commodity Markets, Food Research Institute Studies. Supplement 7 (1967), 117.
Analysis available from author.
See (a) The Economics of Futures Trading edited by B.A. Goss and B.S. Yamey, The MacMillan Press, 1978.
Gerald Gold. Modern Commodity Futures Trading, Commodity Research Bureau Inc., 1975.
R. J. Teweles, C. V. Harlow and H. L. Stone, The Commodity Futures Game, McGraw Hill, 1977.
Henry B. Arthur, ‘Commodity Futures as a Business Management Tool’, Division of Research; Graduate School of Business Administration, Harvard University, Boston. 1971.
Edward N. Krapels, ‘Pricing Petroleum Products’, McGraw Hill, 1982.
Bulletin Officiel de la Concurrence et de la Consommation, No. 11, 30 April 1982.
Price Commission, Report 37 B.P. Oil Ltd., — Oil and Petroleum Products, HC87 (1979). Report 38 Esso Petroleum Company Ltd., — Oil and Petroleum Products, HC88 (1979), Her Majesty’s Stationery Office.
J. B. Ball and K.M. Forstik, ‘The Feasibility of Coal Futures’, New York Mercantile Exchange, presented at the Financial Times World Coal Conference, London, 20/21 January 1982.
Joe Roeber Associates, The EEC Registry of Spot Transactions, The Directorate General of Energy, Commission of the EEC, 15 September, 1980.
Petroleum Intelligence Weekly, 14 June 1982, pp. 6 and 12.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1983 British Institute of Energy Economics
About this chapter
Cite this chapter
Greaves, W. (1983). Petroleum Futures Markets. In: Tempest, P. (eds) Energy Economics in Britain. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-7355-1_15
Download citation
DOI: https://doi.org/10.1007/978-94-011-7355-1_15
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-011-7357-5
Online ISBN: 978-94-011-7355-1
eBook Packages: Springer Book Archive