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The London Metal Exchange this week revealed that Kynetix Technology Group will develop the bourse new warrant system for the creation, storage and transfer of LME warrants.
The new system, to be known as LMEsword,...
“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”
BarCap's 2011 oil outlook looks increasingly accurate.