Asian Premium or North Atlantic Discount: Does Geographical Diversification in Oil Trade Always Impose Costs?

• Main Authors: Shahad Alarenan, Frederic Murphy, Ziyad Alfawzan, Nader AlKathiri
• Format: Report
• Language: unknown
• Subjects: Pacific; Pivot; North Atlantic
• Online Access: https://www.kapsarc.org/research/publications/asian-premium-or-north-atlantic-discount-does-geographical-diversification-in-oil-trade-always-impose-costs/

It is popularly believed that importers of oil diversify their suppliers to achieve security of supply and that exporters diversify their customer base to achieve security of demand. However, this diversification comes at a cost, compared with buying from or selling to the most economically attracti...