Exact(18)
Diversity of approach will help Russia assure its oil future.
He added, "The gulf is where the action is and will remain the oil future for the United States".
If you buy a Brent oil future from ICE you must clear the trade with them, even though CME offers an economically equivalent product.
The debate about Saudi Arabia's oil future played out at a packed conference here sponsored by the Center for Strategic and International Studies, a research group.
Reached by telephone today in Tunisia, the American-educated Mr. Kharasan declined to comment on whether he had been offered the leading role in Iraq's oil future.
ICE has grabbed 19% of the market for Nymex's benchmark oil future contract, for example.
Similar(42)
Oil futures are up 24percentthis yearar.
Oil futures are financial contracts for future delivery of oil.
Oil futures fell and U.S. stock futures rose.
Today, speculators dominate the trading of oil futures.
Benchmark U.S. crude oil futures slipped 44 cents to $88.27 a barrel.
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