How a Hasty Move to Change the World’s Key Oil Price Unraveled

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    Greensea Systems
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    By Alex Longley (Bloomberg) —

    How do you measure the value of the world’s most important commodity?

    It’s a conundrum that brought uproar in the oil market over the past few weeks after S&P Global Platts, the company that publishes the world’s key crude price, announced on Feb. 22 that it was going to radically change the very nature of that benchmark, known as Dated Brent.

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