Future of Global Oil Markets Asian Premium or North Atlantic Discount: Does Geographical Diversification in Oil Trade Always Impose Costs? Shahad Alarenan, Frederic Murphy, Ziyad Alfawzan, Nader AlKathiri 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… Alarenan, Shahad Murphy, Frederic Alfawzan, Ziyad AlKathiri, Nader
