Review the World bank study on crude oil price differential. Select two different types of crude oil
Question:
Review the World bank study on crude oil price differential. Select two different types of crude oil products. Research historical price data for these products for numerous periods (helpful to have more data vs less).
- Use the article and the regression equation in the study to explain the impact of different sulfur and density on 2 different crude oil benchmarks with different quality specs (sulfur and gravity.
http://documents.worldbank.org/curated/en/673981468778803478/Crude-oil-prices-Predicting-price-differentials-based-on-quality
2. As resources, I am sharing additional information on crude qualities
https://www.spglobal.com/commodityinsights/plattscontent/_assets/_files/downloads/crude_grades_periodic_table/crude_grades_periodic_table.html
https://www.businessinsider.com/crude-oil-around-the-world-2014-5
https://www.crudemonitor.ca/
https://corporate.exxonmobil.com/what-we-do/energy-supply/crude-trading/crude-oil-blends-by-api-gravity-and-by-sulfur-content#aPIGravity
https://www.equinor.com/energy/crude-oil-assays
Introduction To Probability And Statistics
ISBN: 9781133103752
14th Edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver