The buying, selling, and exchange of petroleum products or crude oil in different markets with the express design to take advantage of location, product, and timing differentials. Traders looking to move U.S. Gulf Coast No. 2 oil to Rotterdam watch the arbitrage between Gulf Coast prices and the IPE, for example.


Learn more practical information like this in the OPIS Weekly Energy Update. It’s a FREE newsletter full of exclusive content, insight and education on the global energy market.