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Hi GalileoI understand from a conversation I had recently with...

  1. 122 Posts.
    Hi Galileo

    I understand from a conversation I had recently with an (Aussie) oil trader that he prefers to reference Brent because of the low trading liquidity of TAPIS.

    The upshot being TAPIS prices might look high but I suspect Brent is probably a more transparent price.

    Nevertheless I'm sure NDO's newly appointed oil marketers will try for the highest price once the black gold starts to flow

    One of the things I've liked about NDO over the years is their conservative approach to managing expectations.

    Cheers

    DYOR

 
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