Front prices are rising on drier forecasts, while falling oil prices are lowering the long end of the curve.
The most traded forward contract at Nord Pool this morning, August-08, has gained 2.25 euros to EUR 51/MWh last. The fourth quarter was last seen at EUR 65.75/MWh, up 95 cents day on day.The front is driven by a drier development in today's weather forecasts, players say. "Some meteorologists are starting to believe in summer weather from next week, with high pressure and drier cond
Mittwoch, 16.07.2008, 11:09 Uhr
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