"There's more than one oil price around the world and as the following
comprehensive (but brief) overview from Morgan Stanley's Global Energy Teach In
shows, crude oil pricing across the world is dynamic
and multi-factorial - from fundamental factors (such as simple
supply and demand and seasonality) to macro factors (such as USD strength,
macro sentiment, and "burden") and risk premia (e.g. geopolitics),
the following provides everything you wanted to know about global crude oil
fundamentals, but were afraid to ask..."
