Glossary entry

English term or phrase:

brent dated

Bulgarian translation:

брент датиран

Added to glossary by 4leavedClover
Jun 22, 2010 15:44
13 yrs ago
1 viewer *
English term

brent dated

English to Bulgarian Marketing Business/Commerce (general) crude oil
Sorry for quoting the two words together but I am not clear about the word brent in combination with dated.
the sentence is kirkuk crude ex- .... = brent dated less ... us doll/bbl. The question is what is brent dated price? The quotation is from a contract for the sale of oil.
Change log

Jun 29, 2010 07:24: 4leavedClover Created KOG entry

Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Andrei Vrabtchev

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Proposed translations

+1
40 mins
Selected

брент датиран

По-долу вижте част от таблица от в-к Капитал (http://www.capital.bg/biznes/finansi/2000/04/07/255247_ceni_...

ЦЕНИ НА ПЕТРОЛ "БРЕНТ" В ЕВРОПА (цените са в долари за барел)
ПРОДУКТ ДОСТАВКА КУПУВА ПРОДАВА ВИД ДОСТАВКА
Брент ---- Датиран ---22,67--- 22,69 ------FOB
Peer comment(s):

agree atche84
1 day 22 hrs
Благодаря!
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3 KudoZ points awarded for this answer. Comment: "Thanks for the fast support"
1 hr

брент с фиксирана дата за доставка / датиран брент

става въпрос за форуърден договор.. "brent dated" се използва като бенчмарк цена за спот транзакции

The Spot Market: Dated Brent
• 21 days before delivery of a cargo a “Daisy chain” of notices (to buyers
of 21-day-forwards for the adequate delivery month) might be initiated.
• A holder of a contract who received notice at the last possible moment
before the expiration period at 5 p.m. and was unable to require another
purchaser to take delivery was said to have been “five o’clocked”.
• After that a cargo is “Dated Brent”.
• It is used as the benchmark price for spot transactions.
• However, price indications for that (e.g. Reuters) are almost never drawn
from the actual market but from a slowly varying spread between the IPE
future and that market.

http://www.mathematik.uni-ulm.de/finmath/confpage/papers/les...
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