Accessibility Links
Derivatives trading at Bursa Malaysia fell 21% in the first quarter, relative to last year, as the bourse reported net profit of M$15.5m ($4.28m) for the quarter, down 62% from M$42.1m a year earlier.
The exchange said derivatives...
“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.