Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 18 October 2012 at 07:16 GMT+0
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Energy spreads and ratio update: Brents premium over WTI is lower but still elevated on the back of strong (Korean) demand for Brent while US WTI crude inventories are at a multi year high due to increased domestic production. Natural gas rally has halted after the ratio to coal reached the tightest level since Jan 11.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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