Nordic forward prices are strengthening on Friday morning on the back of a rise in oil prices Thursday evening and dry weather forecasts, players said.
The Q2 09 contract last traded at EUR 37.80/MWh at Nord Pool, up 85 cents from Thursday.
One Norwegian trader said fuel prices were stronger across the board, and that it "smelled of higher prices next week".
Crude oil for March rose by more than USD 1.50/bbl after Nord Pool had closed on Thursday, sending a buy signal ahead of the Friday trading session. Howe
Freitag, 6.02.2009, 11:54 Uhr
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