Question
Is there any certain relationship between financial market and real market?
Variables
Real Market
GoldGold PriceMonthly yield rate
CrudeOilMonthly yield rate
Financial Market
S&P 500
Monthly close price
Monthly yield rate
T-billMonthly yield rate
crudeoil)는 유전에서 자연적으로 산출되는 액체상태의 탄화수소를 말하며, NGL(Natural Gas Liquid) 또는 컨덴세이트(condensate)가 원유에 포함됨
– 석유를 정제공정을 거쳐 각각 이용목적에 따라 만들어진 여러 가지 제품을 석유 제품이라 함
원유 가격 형성 배경
황함량이 낮고 비중이 낮을수록 원유 가
oil refinery. It has expanded facilities on two occasions, and today, oil refining business is a refining capacity of almost 580,000 barrels/day and keeping pace with such achievements, the common oil refining business operates light oil desulfurizing facilities and gasoline manufacturing facilities. Oil refining business is equipped with Crude refining facility dedicated to the improved quality
공정을 담당한다. 플랜트나 드릴쉽 등이 시추 작업을 한 뒤 X-mas tree를 설치하면, FPSO가 시추 작업이 끝난 Well에 Riser를 연결하여 Crudeoil을 끌어올린다. FPSO가 이를 직접 정제하여 우리가 원하는 순수한 Oil만을 얻어내는 작업을 하게 된다. 즉 플랜트에 복잡한 생산 설비를 설치할 필요가 없게 된 것이다.
Deposits denominated in U.S.
dollars at Europe banks outside
the United States
Financial asset and even debt
denominated in U.S. dollars
outside the United States
No obligation for the reserve fund
The interest equalization tax
Regulation Q
Glass-Steagal Act
Oil Shock
A spread trade involving the simultaneous purchase of
Futures
Options
expiring on