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PRIX index
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PRIX index : ウィキペディア英語版
PRIX index
The PRIX index is a financial indicator for international oil markets. The index forecasts and sums up political risks in the world’s 20 largest oil exporting countries which may affect the supply of oil to international markets. It is based on the same methodology as a Purchasing Managers' Index. The index is produced quarterly by an unpaid network of experts and is published free on the internet.
Variations in oil exports are an important component of global oil price formation. Thus, the PRIX index forecast may help identify potential trajectories of international price of oil. However, other factors in addition to political risks also affect the global balance between supply and demand of oil and thus contribute to setting the oil price. The index therefore does not predict the oil price itself, as it does not cover economic and technological developments, but is an important component in oil price forecasting. Until the appearance of the PRIX index, there were few tools to assess the political aspect of oil price formation.
==References==


抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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