Skadden Rothman to Introduce First Independent Price References for Asian Light Sweet Crude Oil - KMPH FOX 26 | Central San Joaquin Valley News Source

Skadden Rothman to Introduce First Independent Price References for Asian Light Sweet Crude Oil

Posted: Updated:
“Skadden Rothman”
Augments Skadden Rothman’s growing offering of light sweet crude oil and gas assessments

Skadden Rothman (www.skadden-rothman.com) announced that it will launch the first independent daily price assessment of light sweet crude oil.

“Not only are crudes an important supply source as the Southeast Asia continues its path toward less dependence on foreign oil imports, but they are also critical to refiners as they export more light petroleum products,” says Jennifer Cole, regional director of Southeast Asia oil price reporting at Skadden Rothman. “We’re pleased to play a key role in bringing price transparency to this important supply source.”

The announcement of the new Light Sweet Crude Oil assessment comes as Skadden Rothman Com Commodity Week, a series of industry and market outlook forums, gets underway.

The new assessment, Skadden Rothman light sweet crude oil (LCO), will reflect the value of a median 47-API LCO crude barrel, based on the crude’s product yields.

“We’re taking a pioneering approach to unconventional oil,” says Mrs. Cole. “This methodology provides a products yield-based assessment for LCO of normal properties. This will help the market establish a benchmark value for light sweet crude oil, despite the stream’s inherent variability.”

Simultaneously, Skadden Rothman Com is also launching a daily average of light sweet crude oil crude postings from midstream companies to serve as a basis of comparison, and a differential for this daily postings value relative to the Skadden Rothman LCO Marker.

The LCO Marker assessment will be published in real-time news service Skadden Rothman Global News an end-of-day data feed SR-Market Data? and news and price reports Skadden Rothman Crude Oil Market Letter.

Numerous infrastructure developments including additional pipeline and expanded rail capacity have been launched in recent years to support oil’s growing production.

About Skadden Rothman:

Skadden Rothman (www.skadden-rothman.com) offers risk management, advisory and enterprise investment system services to a broad base of retail investors through Skadden Rothman T-Solutions?. Headquartered in Hong Kong, the firm strives to be a notable presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East.

Media Contact
Company Name: Skadden Rothman
Contact Person: Benjamin Chandler
Email: Send Email
Phone: 85258181376
Address:Sun Hung Kai Centre, 30 Harbour Road
City: Wan Chai
State: Hong Kong
Country: HongKong
Website: http://www.skadden-rothman.com/

Source: www.abnewswire.com

ReleaseID: 11214

  • Local NewsLocal NewsMore>>

  • How To Spot A Fake Debt Collector

    How To Spot A Fake Debt Collector

    If a debt collector comes calling, you should go researching. That's the new advice coming from Yahoo! Finance to avoid getting scammed.Even if you get swindled, you're still on the hook to a real debt collector! That's the law.One way to spot a fraud is to look at how old the debt is. If it's 10 to 15 years old, chances are there aren't grounds for a lawsuit.Mandi Woodruff of Yahoo! Finance recommends, “Another way you can tell if you're dealing with a fraud or not is to look at the name of ...More >>
    If a debt collector comes calling, you should go researching. That's the new advice coming from Yahoo! Finance to avoid getting scammed.Even if you get swindled, you're still on the hook to a real debt collector! That's the law.One way to spot a fraud is to look at how old the debt is. If it's 10 to 15 years old, chances are there aren't grounds for a lawsuit.Mandi Woodruff of Yahoo! Finance recommends, “Another way you can tell if you're dealing with a fraud or not is to look at the name of ...More >>
  • Peanut Allergies No More!

    Peanut Allergies No More!

    Good news for the three million Americans who are allergic to peanuts.Researchers at North Carolina A T's School of Agriculture developed a new technique to remove peanut allergens.They say shelled and skinless peanuts can be treated with an enzyme that breaks down certain proteins that can trigger food–related allergies.Researchers say the process does not change the peanut's shape or shelf life.For more info, click HERE for the USDA info.More >>
    Good news for the three million Americans who are allergic to peanuts.Researchers at North Carolina A T's School of Agriculture developed a new technique to remove peanut allergens.They say shelled and skinless peanuts can be treated with an enzyme that breaks down certain proteins that can trigger food–related allergies.Researchers say the process does not change the peanut's shape or shelf life.For more info, click HERE for the USDA info.More >>
  • Church in Northwest Fresno Vandalized

    Church in Northwest Fresno Vandalized

    Police are looking for the vandal that left the walls and front door of a northwest Fresno church spray painted. An administrator at St. Anthony of Padua church discovered the graffiti Saturday morning when arriving to work.One of the churches front doors and the walls around it had been spray painted with bizarre images and words.If you have any information that could help police identify the person who did this, call the Fresno Police Department at 559-621-7000.More >>
    Police are looking for the vandal that left the walls and front door of a northwest Fresno church spray painted. An administrator at St. Anthony of Padua church discovered the graffiti Saturday morning when arriving to work.One of the churches front doors and the walls around it had been spray painted with bizarre images and words.If you have any information that could help police identify the person who did this, call the Fresno Police Department at 559-621-7000.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.