Oil bourse
Encyclopedia
An oil bourse is a commodities exchange
where energy commodities such as crude oil and natural gas
are traded. Examples include the New York Mercantile Exchange and the Intercontinental Exchange.
Commodities exchange
A commodities exchange is an exchange where various commodities and derivatives products are traded. Most commodity markets across the world trade in agricultural products and other raw materials and contracts based on them...
where energy commodities such as crude oil and natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
are traded. Examples include the New York Mercantile Exchange and the Intercontinental Exchange.