Values and prices of basic oil derivatives in Western European markets during 2008

Slijedom metode analiziranja međusobnih odnosa cijena nafte i derivata u 2006. i 2007. godini isti obrazac je primijenjen je i za analizu tih odnosa u 2008. godini. Utvrđuju se promijenjeni odnosi vrijednosti nagovješteni u prethodnoj analizi, a u uvjetima nestabilnih cijena koje su vladale na tržištu, što je jedna od bitnih karakteristika naftnog gospodarstva u cijeloj 2008. godini, nužno je bilo osvrnuti se i na neuobičajene oscilacije ekonomskih rezultata poslovanja rafinerija iskazanih putem analize kretanja tzv. rafinerijske marže (bruto i neto).This article provides an analysis of movements in prices of crude oil and main derivatives in 2008 by using the same methodology that was used in analysing the prices and relationships between crude oil and main derivatives prices in 2006 and 2007. The analysis identifies changes in values that were signalled even in the previous study, in the environment of volatile prices which prevailed in the markets. Indeed, volatility was one of key features of oil industry throughout 2008. We also give a brief overview of unusual fluctuation in refinery margins (gross and net)