Volumes rise on back of oil price volatility
10 Aug 2007
Oil volumes on Intercontinental Exchange (ICE) and New York Mercantile Exchange (Nymex) soared as the price of crude reached record highs, then stumbled as analysts warned of economy fears. ICE’s WTI Crude futures contract had its second highest total volume month in July when over 4.5m contracts traded, and its second highest ADV with more than...
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