Price

How do you mimic the price performance of spot oil market? – The answer is its nearly impossible

Crude oil by a wide margin is the most traded commodity in the world and arguably the most important. Having hit lows of less than USD 43 a barrel in the summer, WTI crude has spent the second half of the year on a steadily rising trend and looks set to end 2017 somewhere close to USD 60. The main driving force behind the oil price rise has been OPEC’s decision to maintain oil production cuts that started in December...