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Energie & Management > Commentary - Nordic Market - Following oil
Commentary

Nordic Market - Following oil

Nordic prices are strengthening mainly due to input from oil, CO2 and German power. However, the mild outlook for Scandinavia could curb the rise for now.
The front quarter, Q2-08, has been traded in a EUR 49.40-49.65 range so far this morning. "The market was lifted by stronger prices for oil, CO2 and German power. In addition, the latest EC update was a bit drier," a Norwegian trader said. However, he added that the market is still thin. "So far, the volumes are low, and we should probably not put too much emphasis on the movements. Many

Donnerstag, 3.01.2008, 10:48 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Following oil
Commentary
Nordic Market - Following oil
Nordic prices are strengthening mainly due to input from oil, CO2 and German power. However, the mild outlook for Scandinavia could curb the rise for now.
The front quarter, Q2-08, has been traded in a EUR 49.40-49.65 range so far this morning. "The market was lifted by stronger prices for oil, CO2 and German power. In addition, the latest EC update was a bit drier," a Norwegian trader said. However, he added that the market is still thin. "So far, the volumes are low, and we should probably not put too much emphasis on the movements. Many

Donnerstag, 3.01.2008, 10:48 Uhr
Redaktion

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