The Convergence of the CME Block and Barrel Prices Continue
Posted by Brian Gould Wed, 07 May 2008 21:10:00 GMT
The CME block price closed at $1.9625 today while the barrel price closed at $1.9600. For the 1st 5 trading days in May, the average block price has been $1.9525 and an average barrel price of $1.9460, an average difference of $0.0065 .
