Nord Pool forwards continue to shadow the oil market, pulling back by around one euro across the board on Thursday morning.
The benchmark Q1-09 contract touched a resistance of EUR 54.40/MWh in early trade, but later recovered, last changing hands at EUR 54.85/MWh.A continental trader pinpointed a decline in fuel prices as the driver, but was perplexed over how the Nordic power exchange was acting in relation to corresponding markets."The December contract moved down in tandem with oil, despite dry con
Donnerstag, 13.11.2008, 10:55 Uhr
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