Dry forecasts and bullish fuel markets are lifting prices again Wednesday morning. Players expect the long end to continue up, while the front end is more uncertain.
The front quarter was lifted to EUR 49.65 in early trade, before falling to EUR 48.90, still up 65 cents day on day."Yesterday's fall was a correction triggered by profit taking, while today the bulltrend seems to be back," said Bjarne Walbech at Nordic Power Trading. In his opinion, there are bullish signals everywhere at the moment, with rising fuels and dry forecasts. Stil
Mittwoch, 21.05.2008, 11:50 Uhr
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