25bps cut, page-28

  1. 6,389 Posts.
    Australia already pays high prices for oil and products because the price is based on Singapore spot which is based on Tapis crude which in turn is a couple of bucks higher which in turn is a lot higher than WTI.

    So why in the world do the financial reports always quote WTI? It has no meaning for people in Australia..........
 
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