Regulation of Oil Markets: Current Reforms and Implications
On January 28 2011, the Oxford Institute for Energy Studies held a one-day conference on ‘Regulation of Oil Markets: Current Reforms and Implications’. The conference focused on 1) The inter-linkages between the physical and financial layers in the current international oil pricing system and the role of these linkages in the oil price discovery process; 2)An assessment and evaluation of the current regulatory reforms of oil derivatives and the implications of these regulatory changes on the price discovery process oil trading activity and the long-term strategies of market participants. The group of participants included key senior figures from government oil companies the financial industry and academia. The conference was conducted under the Chatham House Rule of non-attribution.