The gappy Monday morning market lifted V1-03 up 30 NOK from the Friday close, due to continued cool and dry weather outlooks. The ever worsening balance situation brought the winter contract to this all-time high today, and 1996 is about to become bleak as far as altitude is concerned. “We have arrived at a level that is unfamiliar to us, and it is becoming difficult to trade,” an international trader argued.
A Swedish producer expressed his concern for the situation that is evolving, and said that one could only hope that the reservoirs would start filling up. CarefulWith a 100 NOK movement in just over a week, players are not so keen on trading positions of significance anymore. Liquidity is down, the risk is up, concerns for the winter are great, and opportunities eno
Montag, 25.11.2002, 14:37 Uhr
Sara Fagernes
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