57 cents, the weakest for the front month
By the start of May, front month
gasoil margins traded on the Ice platform were close to 13 per cent lower at the start of the previous month.
The S&P GSCI Crude Oil Enhanced index adjusts its exposure to the futures curve monthly, dynamically moving between the front month
and six month futures contract depending upon the steepness of the curve.
Brent front month
(Platts) (1C); group three unleaded gasoline (Platts) (A9); group three unleaded gasoline (Platts) vs.
WTI prices at NYMEX will be more volatile in 2005 than in 2004, although world demand growth last year was the strongest since 1976, at 2.
At the New York Mercantile Exchange on Friday, the front month
March contract for crude oil was up 44 cents at $36.
natural gas prices on the New York Mercantile Exchange (NYMEX) tumbled 73 percent from the peak of $15.
06 cents per lb at 1348 GMT, the weakest for the front month
since June 29.
In the January series, there are nearly 23,000 calls at the 50 strike, making this the site of heaviest open interest in the front month
Singapore fuel oil markets firmed last Wednesday, with the front month
time spreads, the front month
fuel oil cracks as well as physical cash discounts all rising to multi-week highs due to tightening near-term supplies.
In the front month
, there are more than 61,000 contracts in open interest (this strike has seen volume of more than 15,000 already today).
In the October series, which becomes our front month
after tonight's close, the 17 put is the site of heaviest open interest, home to more than 22,000 open contracts.