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ARA Oil Prices with mixed tendencies at the start on Monday morning
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German OTC Spot-Gasprices remain very high in Europe trying to catch up in filling up commercial storages, which are now at around 43% of full capacity … UK OTC Gasprices continue to decline while the import through the Interconnector remains a bargain for the UK, due to the currency relationship and the benefit of own sizeable gasfields…
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ARA Oil Prices jump again in volatile trade and short covering as the cracks are sky high…What we still see, is a continued price rise, especially in the so called cargo related regions, but we still don’t see any clear signals of economical weakness in Russia on the back of several embargo measures lauched in the past…
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