PJK International B.V. is actief binnen de internationale petroleum industrie. Het ondersteunt commerciële processen bij handels- en transportbedrijven binnen deze sector door passend marktonderzoek, marktanalyse en advies te leveren.
ICE Gas oil forward curve in backwardation
This week the term structure of ICE gas oil futures definitely turned from contango to backwardation. So does the economic theory fail the test?
Gasoil crack spreads have rallied in the aftermath of the Japanese earthquake on speculation it will move to replace its electricity production with diesel-fuelled independent generators and idled fuel oil-fired plants.
