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FEB 13, 2013 - Zero Hedge

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The Brent Oil Contract is a Sham!

By EconMatters       Oil Benchmark    It is a sad state of affairs that the entire world of energy, and consumer energy prices are all based upon a fraud of an energy contract masquerading as the Industry`s Benchmark, setting the price for all other grades.    Monthly Rollover Ramp   Here is an idea of how manipulated the Brent Oil contract that trades mainly on the ICE exchange is we are at rollover time once again in the Brent oil contract and sure enough as day, the contract is moved up substantially right before ... Read More

Tags: The Brent Oil Contract is a Sham!,  Petroleum Latest News