Posts Tagged ‘

El nino

The ‘smoking gun’ in natgas

Nymex natgas futures rolled from the October to the November contract on Monday. The effect of which was as follows:

The above move comes despite more than ample supply in the physical prompt market, More…

A natgas storm in a tea-cup

A yet ‘undisclosed’ hedge fund has taken out call options at triple — yes triple — the price of today’s spot market price for natgas come winter.

Here’s the mysterious trade in question:

As the FT reports: More…