Risk.net

Jittery oil market fuels Nymex highs

New angles

pg12-graph-gif
  • Navroz Patel
  • LinkedIn  
  • Save this article
  • Print this page  

Fears that tropical storm Katrina could disrupt production in the Gulf of Mexico and news of political ferment in Iran were just some of the factors that pushed the oil market to new highs in August.

West Texas Intermediate (WTI) futures October delivery contracts traded on the New York Mercantile Exchange (Nymex) hit a high of $67.10 on August 12. On the same day, the exchange smashed a host of daily trading volume records for the second day running, with the overall trading volume reaching

To continue reading...

More on Derivatives

7 days in 60 seconds

Most read on Risk.net

  1. World Bank completes first SOFR bond hedge
  2. Brevan Howard is first non-bank caught by margin rules, sources say
  3. Why the FRTB remains critical
  4. Mifid II, RFQs and the future of Europe’s G-Sibs
  5. Bridgewater co-CIO on risk parity, correlations and contagion

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: