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Tuesday, May 17, 2011
Crackageddon
Crackageddon The justification for Wednesday’s commodity rout is still that RBOB futures fell (or crashed) after the EIA reported larger than expected US stockbuilds in gasoline. The more than 8 per cent move, in the usually much more stable contract, saw the CME lift margins for speculators by 21.4 per cent for Thursday.
http://link.ft.com/r/8P1R88/
http://link.ft.com/r/8P1R88/
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