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Energie & Management > Commentary - Market - More weather and downside to come
Commentary

Market - More weather and downside to come

With radically wetter forecasts this morning the market tumbled down several NOK, and V2-03 fell some 12 NOK. “The weather outlooks have been dry for quite some time, but now I think we should be expecting more low pressure activity and autumn storms ahead,” a trader at a Norwegian production company said.
He wasn’t very surprised that prices came down as they did today, seeing that the market has been volatile for quite some time and that a 10 NOK movement in the one or the other direction is nothing new. He expected prices to continue down ahead.- Prices have lifted steadily lately, but many players have wanted to see prices come down. The weather outlooks have been dry for quite s

Donnerstag, 4.09.2003, 12:29 Uhr
Energie & Management > Commentary - Market - More weather and downside to come
Commentary
Market - More weather and downside to come
With radically wetter forecasts this morning the market tumbled down several NOK, and V2-03 fell some 12 NOK. “The weather outlooks have been dry for quite some time, but now I think we should be expecting more low pressure activity and autumn storms ahead,” a trader at a Norwegian production company said.
He wasn’t very surprised that prices came down as they did today, seeing that the market has been volatile for quite some time and that a 10 NOK movement in the one or the other direction is nothing new. He expected prices to continue down ahead.- Prices have lifted steadily lately, but many players have wanted to see prices come down. The weather outlooks have been dry for quite s

Donnerstag, 4.09.2003, 12:29 Uhr

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