Producers sceptical that better infrastructure will allow US exports to relieve crude pressures
Other commodities moves at Mercuria, EDF Trading, BTG Pactual & PVM
Daily news headlines
Nymex has made a $150 million cash bid for the Atlanta-based Intercontinental Exchange (ICE), and would also pay $67 million to shareholders of the International Petroleum Exchange (IPE), according to a senior Nymex official.
Nine brokers operating in the over-the-counter energy markets in the UK formed the London Energy Brokers’ Association (LEBA) in July.
The Forward Market Curve Limited (FMCL) has launched the first module of its ForwardMarketCurve (FMC) product – an all-broker methodology for achieving robust and accurate price discovery in forward commodity markets.