NYMEX to launch New York Harbor ethanol futures contract
The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. , today announced that it will launch a New York Harbor ethanol futures contract on March 30 for trade date March 31.
Crude oil futures in New York will average $92 to $96 a barrel in 2012 as slowing economic growth curbs fuel demand, according to Again Capital.