Backwardation: immediate demand for oil, certainly we are not in that position now, which means we are in a contango situation, with the potential for huge gains by these seven companies (see link).Minutes ago, via Twitter:
Tuesday, March 14, 2017
Why I Love To Blog, Reason #3 -- March 14, 2017
Yesterday I wrote, this was my 5-second soundbite:
Labels:
Bakken101,
Contango_Backwardation
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