Welcome
Settings
Policy
COOKIES
We use cookies to give you the best online experience. Strictly necessary cookies are on by default. Additional cookies are off by default. You can choose which of these additional cookies to allow by enabling them on our settings tab.
All the data we collect is anonymous, in accordance with the GDPR.
Your cookie preferences will be stored for one year, but you can modify your preferences at any time by clicking on ‘Cookies’ in our footer.
Analytics
These cookies track what pages are visited on our website, to help us monitor and improve our content.
Cookies
We use cookies from:
- Google Analytics
- Zoom Info
Media
We embed videos and other media hosted by third parties. Cookies help us keep track of what videos are being watched, and allow those third parties to serve you related content on their own sites. The videos will still work if you do not accept cookies.
Cookies
We use cookies from:
- YouTube
- Vimeo
Other
Miscellaneous cookies – currently none from third parties.
Cookies
xxx
Essential
Cookies
Cookie policy
Quote
A quote is a market indication of the price at which an asset can be bought or sold. In oil trading, quotes are provided by exchanges, brokers, or PRAs and serve as reference points for contracts, swaps, or futures.
Quotes include bid and ask prices, reflecting supply-demand balance. For example, a quoted Brent price of $85 per barrel guides traders in physical or derivative transactions.
Quotes are dynamic, changing with market conditions, news, or geopolitical events. Traders rely on accurate quotes to make timely decisions, evaluate arbitrage opportunities, and execute trades efficiently.
Understanding quote reliability, timing, and source is critical for precise pricing, risk management, and market analysis.