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How is the rising oil price affecting the price of other fuels?

April 26, 2017fuels Oil price Rising

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How is the rising oil price affecting the price of other fuels?

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Long-term gas contracts negotiated in the wholesale markets are indexed to a certain extent on heating fuels (and ultimately on crude). Decoupling of oil and gas price mechanisms is therefore an option of avoiding spill-over effects from one market into another. The decoupling has some potential of reducing market volatility.