Locus of Control is one of the main concepts proposed by Rater. Locus of Control (LOCP): Locus of control is a learned behaviour where in which the individuals attribute responsibility for events or to factors within themselves and within their control or to factors outside their control Rotter (1954; 1960 and 1972).
Wednesday, April 19, 2017: NYMEX West Texas Intermediate Crude Oil Price for May delivery closed down $1.97 at $50.44 per barrel. Crude oil began futures trading on the NYMEX in 1983 and is the most heavily traded commodity. Trading unit: Crude Oil Futures trade in units of 1,000 U.S. barrels (42,000 gallons). Options: One NYMEX Division light, sweet crude oil futures contract. . Trading Months: Crude Oil Futures trade 30 consecutive months plus long-dated futures initially listed 36, 48, 60, 72, and 84 months prior to delivery.
WTI crude oil prices average $4/b lower than the Brent price in 2015 and $5/b lower in 2016. EIA's crude oil price forecast remains subject to significant uncertainties as the oil market moves toward balance. During this period of price discovery, oil prices could continue to experience periods of heightened volatility.