Jittery oil market fuels Nymex highs

New angles

pg12-graph-gif

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 individual account here: