Friday, November 24, 2006 2:26:44 AM
November 21st & 22nd NYMEX announced contract specs for RBOB Gasoline (Reformulated Blendstock for Oxygenate Blending) options and swap futures that will begin trading Nov 26th. Included on the list of contracts are those useful for pretty granular hedging around refining assets and possible arbitrage opportunities to play EIA petroleum inventory reports (see this for an example: http://www.cattlenetwork.com/content.asp?contentid=32346). See the Nymex website for 2006 News Releases for info if interested.
What I forsee is the constant development of a depth of commodity-related products, useful for a variety of participants, designed to fuel NYMEX's revenue growth.
Long & strong.
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM