"The day-to-day world of crude oil traders is not usually open to outsiders. Few non-specialists appreciate how oil traders approach the markets, what their backgrounds are, and how they make money. This book brings the oil trading world to vivid life by introducing the reader to 40 real-life...

chapter 1 PRAs and the commodity markets they serve -- chapter 2 The PRA business model -- chapter 3 How price benchmarks work -- chapter 4 Who are the price reporters? -- chapter 5 A brief history of energy PRAs -- chapter 6 PRAs in the metals and minerals markets -- chapter 7 PRAs in the...