ABSTRACT

Every energy user is indirectly exposed to the work of a price reporting agency (PRA) each time they fill up their car, take a flight or switch on a light. And yet the general public is completely unaware of the existence of PRAs. Firms like Platts, Argus, ICIS and OPIS, which are referenced every day by commodity traders and which influence billions of dollars of trade, are totally unfamiliar to consumers.