The bullishness in the market was sustained this morning, much due to drier weather forecasts. V2-05 was last traded at 312.25 (+3.50).
”The V2-05 contract is testing the 313 area again today. The forecasts are drier and oil remains very strong. If the autumn contract closes above the 313-315 area, new buyers will probably enter the market providing for more upside,” says broker Frank Evensen at Quality Energy Brokers.A Swedish trader also attributed today’s movements to drier forecast. “With toda
Freitag, 12.08.2005, 11:40 Uhr
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