Forward prices are climbing Friday morning on the back of among other things reasonably dry forecasts and a strong oil market. However, players expect the market to be calm today, after two intense trading days.
The front quarter has been traded back and forth between EUR 72.40 and 73.20 this morning, and was last seen at EUR 72.75, up 1.55 euros from yesterday's close.Players describe the past two days as extreme, and expected things to quiet down a bit today. "A lot has happened these days, and I wouldn't mind if the market stays more calm today. Players have probably reduced their p
Freitag, 4.07.2008, 10:57 Uhr
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